GBPUSD 17/3/24
Second mark-up of this week from GU, now overall you will see this is again following the same basis as the last weekly mark-up we gave out expecting price to drop lower before moving up and taking out our highs.
We got our drop last week with some short term bullish price action to follow but we now have price sitting at the ideal point within the market and we are now ready for the main move to play out!
As shown we have 2 setups we would like to follow coming into this week, firstly would be more bearish PA leading us down into the lows and then going bullish once confirmed.
second setup would be a run of the highs then longing into the new high after a sort pullback.
Trade what we are given not what you want to see!
We got our drop last week with some short term bullish price action to follow but we now have price sitting at the ideal point within the market and we are now ready for the main move to play out!
As shown we have 2 setups we would like to follow coming into this week, firstly would be more bearish PA leading us down into the lows and then going bullish once confirmed.
second setup would be a run of the highs then longing into the new high after a sort pullback.
Trade what we are given not what you want to see!
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