![Consolidation Range (Sideways) and Break Level for GBPUSD Consolidation Range (Sideways) and Break Level for GBPUSD](https://c.mql5.com/6/779/splash-699928.jpg)
![Yohana Parmi Yohana Parmi](https://c.mql5.com/avatar/2024/7/6682356c-5c66.png)
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Hello traders,
Currently GBPUSD is in momentum ahead of the 2nd stage breakout, and vice versa will enter a period of consolidation.
This image has thousands of words better than my explanation, and people who understand to work with :
- Support,
- Resistance and
- Market Sentiment
can take the positives out of this picture as a trading plan.
References, as continuation of these steps :
- https://c.mql5.com/31/185/A2SR_GU_H1_20170621.png
- https://c.mql5.com/31/185/A2SR_GU_H1_20170621b__1.png
- https://c.mql5.com/31/185/A2SR_GU_H1_20170622__1.png
- https://c.mql5.com/31/186/A2SR_GU_H1_20170623__1.png
- https://c.mql5.com/31/187/GU_20170628_H1__1.gif
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Note. This is not a trade recommendation, I just share it for fun :)
Have a good day!