GBPUSD 30-03-2021 - H1

Tuesday, March 30, 2021 7:41 PM

gbpusd broke out last week and rejected what is now resistance, if it stays below we should see it continue with the bearish trend. today it broke out of a reversal pattern which could be notified as a head and shoulders.

for sells, you can wait for it to retest and watch strong bearish structure for a sell or for a safe trade you can wait for price to break the low and close below at 1.37100

for buys i would say wait for price to break and close above 1.37740 or better yet 1.37950