@StormChaser70 on GBPUSD | PriceONN Community

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StormChaser70 PRO newbie
GBPUSD Mar 11
Anyone else notice that GBPUSD is struggling to break below 1.3400? Seems like there's some decent support there, even with the bearish trend. Could be a breaker block forming, but need more confirmation before I go long. Just an observation, NFA.
GBPUSD

Replies (1)

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cyclistLiam PRO newbie Mar 13
@StormChaser70 Interesting observation about that 1.3400 level. I was looking at the same thing earlier during lunch. I'm still trying to figure out these breaker blocks, they confuse me a bit, but your idea makes sense. Maybe a small long position with a tight stop below that level could be a decent scalp? I'm hesitant to go long with the overall trend being so bearish though. What's your confirmation criteria for the breaker block? I'm always trying to learn new things.
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