GBPUSD Bulls losing steam? Thoughts on my analysis would be helpful as the American in me is hoping for good Employment data in preparation of the 4th.
So, I am trying to keep emotion out of it, but still this is what I am coming up with.
H4 and H1 show bulls losing steam. I read M1 as after hours MM's keeping the price above the half number in preparation for whacking tomorrow.
Either way, I wont be entering until tomorrow morning maybe pre london if signs become more clear.
I'm still new and there are strong indicators I don't know what I am doing.
So, I am trying to keep emotion out of it, but still this is what I am coming up with.
H4 and H1 show bulls losing steam. I read M1 as after hours MM's keeping the price above the half number in preparation for whacking tomorrow.
Either way, I wont be entering until tomorrow morning maybe pre london if signs become more clear.
I'm still new and there are strong indicators I don't know what I am doing.