GBPUSD Daily Forecast July 24

Similar to EURUSD, the GBPUSD had volatile market without a clear direction. The pair attempted to push higher, topped at 1.6584 but further upside pressure was rejected as the pair closed lower at 1.6485. I don’t know how long you guys can stay with no trade condition, but I will keep stay out from the market as long as it shows no clear direction and still trapped in 1.6660 – 1.6000 area. I don’t care if it takes weeks or even months. This is not about predicting the direction, but the mindset of how I stay discipline with my system and protect my capital, which much more important than any “prediction”. Remember, market will always reward patient traders. Good luck.