gbpusd was in a congestion area, finaly it break to the downside, before the real break it faked out most of the traders out there that is for sure. I stay out of these types of markets, first let it break out and then look for setups for that direction.
So from here on I will only look for short entries, because that breakout gives me some ideas it is a bearish market for gbp/usd
So from here on I will only look for short entries, because that breakout gives me some ideas it is a bearish market for gbp/usd