GBPUSD, consolidation before the reversal?

Trading Discussion
1

GBPUSD, consolidation before the reversal
GBPUSD, consolidation before the reversal1141×654 50.6 KB

GBPUSD / 4H

Hello traders, welcome back to another market breakdown.

GBPUSD has been trading in a consolidation around a Key level. The market now is in 50% chance to break higher or lower.

I’ll be looking for the short side as it holds low risk and high reward.

Trade safely.

2

i don’t agree

the consolidation-level on this timeframe was originally approached from below, so in my opinion the chances of a break higher are 60%, not 50%