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Wednesday, February 10, 2021

GBPUSD 30min Analysis February 10th, 2021

GBPUSD 30min Analysis February 10th, 2021

GBP/USD OANDA:GBPUSD

Price is at a high point and is also a bit overextended. We are going to be patient and wait for short opportunities up in this area. We can look for a double top formation or look for a clear LH to form below 1.3810. We will wait for price to break below 1.3810 and then retrace forming the clear LH at or below 1.3810. Enter on strong bearish setups, first targeting 1.3770



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