GBPUSD: BoS, weak GBP, strengthening USD
Updated
I'm expecting a big collapse from this pair over the next few weeks.
I'm seeing a Break of Structure on the lower timeframes, with 1hr retest.
GBP data shocking and certainly indicating recession, USD not looking like a recession. Heightening global conflict could also lead to a stronger USD.
I'm going short on this pair, first target 1.255.
I'm seeing a Break of Structure on the lower timeframes, with 1hr retest.
GBP data shocking and certainly indicating recession, USD not looking like a recession. Heightening global conflict could also lead to a stronger USD.
I'm going short on this pair, first target 1.255.
Note
So far so good!!
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