See daily chart of GBPUSD below for the discussion that follows.
GBPUSD has been making higher highs and higher lows. Price might go for a retest of the prior breakout level (prior resistance as support). If this happens I will likely go long if I see bullish candlestick price action.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading / financial advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
