Are we going to get a short or breakout?
Hi Traders,
Tomorrow's FED meeting will be interesting to see how the USD pairs react. As for GBPUSD we are moving within a HTF descending wedge type of structure which were approaching the upper boundary. Looks to have bearish price action but we could get a breakout and go higher before price drops.
Always wait for confirmation and follow your trading plan.
Support more of these by clicking the like button. Share your view on this pair in a comment below!
Good luck!
Tomorrow's FED meeting will be interesting to see how the USD pairs react. As for GBPUSD we are moving within a HTF descending wedge type of structure which were approaching the upper boundary. Looks to have bearish price action but we could get a breakout and go higher before price drops.
Always wait for confirmation and follow your trading plan.
Support more of these by clicking the like button. Share your view on this pair in a comment below!
Good luck!
