GBPUSD – Still ranging (trading plan)

The GBPUSD is ranging around a long term important level:

GBPUSDSince the range the GBPUSD is trading in is not well defined, I’m just going to wait for the pound to break the ST range:

If the GBPUSD breaks the upper green resistance level, it will trigger a bullish market condition and only long opportunities will be in play.

If the Pound-dollar breaks the lower support level, it will trigger a bearish market condition and only short opportunities will be in play.

Trade Safe!

Raul Lopez
Forex Training

GBPUSD Analysis


Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .