In a previous post in this blog we recently discussed the GBPUSD and how it has broken the critical resistance level that could look to act as an important support level for price to continue moving higher. To read that post see here: GBPUSD Set for Break Higher Since making that post price has …
GBPUSD Set For Break Higher | Price Action Commentary
The GBPUSD looks to have now formed a base, with price at the end of last week bouncing higher to close well off the weekly lows. The bulls grabbed full control over price towards the end of the week on the daily chart and pushed price substantially higher. During the move higher, price smashed …
GBPAUD Rockets Lower Following Pin Bar
The GBPAUD has smashed lower on the 4hr chart, managing to take out a lot of minor levels and push well lower. This move lower was kicked off by a large false break Pin Bar that set a trap to take the bears out of the market. Once price had pushed passed the lows of the Pin Bar, price got a lot …