Could be wrong, but looks like correction is close to being over
Daily timeframe hit 88.6 fibs and looks to be accumulating waiting for liftoff
If we get more bears on DXY, likely that both EUR and GBP are bullish, meaning we'd be bullish here too
Technicals are there, just have to wait and see
Daily timeframe hit 88.6 fibs and looks to be accumulating waiting for liftoff
If we get more bears on DXY, likely that both EUR and GBP are bullish, meaning we'd be bullish here too
Technicals are there, just have to wait and see
Note
Also, if GBPUSD ends up bearish, still could mean we go long hereDon't like to look that deep into correlations, but we're long overdo for a giant bull candle here
Trade active
Entered again at the bottom green zone, looks like going to get a doji daily candle close, should be good news for London and the rest of the week
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.