GBPUSD Short Bias
Hello traders.
GBPUSD is another sell i am interested in.
Recently we had a very strong GBP.. We can expect it to go a little bit higher but i am in shorts already.
This is because (like i mentioned in the EURUSD trade idea i've shared), we can expect a stronger US Dollar during the month of September. Historically speaking, September is a solid month for USD.
What makes this trade tricky, is the size of the weekly supply zone marked.. Technically it makes entry a little trickier than usual... However you can wait for confirmation and short GU if your analysis tells you the same.
Happy and safe trading to you all!
Take care.
GBPUSD is another sell i am interested in.
Recently we had a very strong GBP.. We can expect it to go a little bit higher but i am in shorts already.
This is because (like i mentioned in the EURUSD trade idea i've shared), we can expect a stronger US Dollar during the month of September. Historically speaking, September is a solid month for USD.
What makes this trade tricky, is the size of the weekly supply zone marked.. Technically it makes entry a little trickier than usual... However you can wait for confirmation and short GU if your analysis tells you the same.
Happy and safe trading to you all!
Take care.
Note
Trade still running 
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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.