DislikedI will not be entering the GBPUSD market this week until I see a momentum shift. Here's why, from the technical perspective of a swing trader. The GBPUSD has been largely sideways for a while. On the daily time frame, price action is operating within the 1.28500/1.31800 zone. Presently, it is located around the 1.31800 horizontal resistance, where it printed an indecision candlestick last Friday. Personally, as a swing trader, I will not be looking to trade this pair until there is a momentum candlestick print on the daily time frame. I may be wrong....Ignored
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