GBP/USD daily and intra-day chart2-day UP move has resulted in the second day breaking the 3-day highs and continuing upwards towards the next 3-day highs in Wednesday.
Once again there is a 'two-play' scenario:- A continuation upwards into Wednesday highs (resistance)
Or a move down early on Wednesday back into the 3-day breakout to re-test the breakout level and then continue higher into Wednesday's highs on Thursday....
Risk levels Shown above:- 2.0030Above 2.0030 and it's pushing upwards into Wednesday...
Below 2.0030 and trend bias is to head down into 1.9936
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