Chart in Focus: Daily GBPUSD
The GBPUSD consolidated today, forming an inside bar just below key 1.5775 resistance in the process. If price can break above the high of the mother bar from today's inside bar setup, we could see a larger move higher and an end to this recent trading range. Otherwise, we could see this inside bar breakout lower and the trading range continue.
The GBPUSD consolidated today, forming an inside bar just below key 1.5775 resistance in the process. If price can break above the high of the mother bar from today's inside bar setup, we could see a larger move higher and an end to this recent trading range. Otherwise, we could see this inside bar breakout lower and the trading range continue.
