Gbp / Usd intraday analysis. Buy if the blue area breaks.

Gbp / Usd intraday analysis. Buy if the blue area breaks.

If we see the possibility to retrace (from the previous analysis, I see the trend is down) we can take the opportunity to buy, if the breakout criteria are met.

Buy if the price breaks the blue area at this time, there is about 140pips of opportunity to get profit, at the same time we are waiting for an opportunity to sell again.