GBPUSD Forecast

By DA-WaveTrader
Updated
GBPUSD Weekly Forecast

- Expect DXY retracement down this week before the continuos of up trend
- look for GBPUSD sell setup from range level 1.39300 - 1.39600
- targeting to break previous structure low at level 1.38000
- may consider swing trade target at 1.36800 or below
Comment
GBPUSD could be ready to come down
The down move could be sharp and fast
look for sell setup during DXY news event later
Comment
Beware of coming up NFP
GU could go up to hunt the high 1.39600 - 1.40200 before down
Comment
GU direction has change to the upside as GBP is turning strong
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