Trading plan for GBP/USD for week of February 1 – 5. New COT report (Commitments of Traders). GBP trading firmly at 2.5-year

GBP/USD 4H. This trading week, GBP/USD has not made any higher highs but it has been holding firmly at near 2.5-year highs which is the level of 1.3758. Thus, the uptrend is still going on but the price is not logging higher highs. GBP/USD has been stuck in a 100-pips trading range. The question is […]