GBPUSD 1h Analysis April 21st, 2021
Our overall bias is short because on 4h it rejected the resistance level and followed by bearish momentum. But now it's currently ranging in 1h so we will wait for its next move. We can see more volume on NY session so we are ready either way. If it breaks below the structure we will wait for a retest before entering. Or if it shows rejection on the current level of structure we can enter for long and target the previous high.
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