GBP/USD
Everybody’s favourite pair 😎
I personally think gu is in a range position as eg is weighing gu heavily from moving back to 1.37 zone and dxy is starting to rise which is also weighing gu from moving back to 1.37 zone however if we see a sell of on eg or a sell of on dxy I expect gu to stop ranging and retest the 1.37 area for now sell the top and buy the bottom until dxy either weaken or eg drop back to the 0.89400 level or below 😉
But for now I would say sell the top and buy the bottom till we continue the uptrend
I personally think gu is in a range position as eg is weighing gu heavily from moving back to 1.37 zone and dxy is starting to rise which is also weighing gu from moving back to 1.37 zone however if we see a sell of on eg or a sell of on dxy I expect gu to stop ranging and retest the 1.37 area for now sell the top and buy the bottom until dxy either weaken or eg drop back to the 0.89400 level or below 😉
But for now I would say sell the top and buy the bottom till we continue the uptrend
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