GBPUSD 30min Analysis March 11th, 2021

Trade Scenario 1: Bearish - For us to short we can aggressively enter on a strong bearish close off our point of control at 1.3955 or we can wait for a break and retest of 1.3920. We will then wait for 1.3920 to act as resistance and enter on strong bearish setups, first targeting 1.3880

Trade Scenario 2: Bullish - For us to go long we want to see price retrace back to our edge of value around 1.3930. We will then wait for price to find support and enter on strong bullish setups, first targeting previous highs around 1.3980