GBPUSD Hello everyone! According to my analysis, the linear regression channel on the M15 timeframe is sloping north, indicating a prevailing influence of buyers. This may provide buying opportunities, but decisions to buy should be made cautiously. I recommend waiting for the linear regression channel on the hourly chart to also start moving upwards before deciding to buy. I am considering buying opportunities from the level of 1.32521, however, I will closely monitor the dynamics of sellers who may push prices below this level. If prices settle below the level of 1.32521, this could indicate a continuation of the selling trend on a higher timeframe H1. I am analyzing data on the hourly market chart and I see a strong bearish trend. My expectations are to wait for the upper boundary of the channel at 1.33920 to sell the asset down to the level of 1.32024. A breach below the target will be a signal to continue bearish activity. It should be understood that there may be an upward correction to 1.32024, so I am prepared to observe the market and quickly change my plan in response to changing conditions. My main goal is to find a good entry point, which I find near the edges of the linear regression channels, indicating potential volatility constraints of a specific player. I am always ready to change my plan if the market situation changes because if the level of 1.33920 is surpassed by the bulls, it could be a sign of bullish interest in the market, leading to a reassessment of the situation and cancellation of sales.
