GBPUSD Daily Analysis

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W - Bullish, price made a strong rejection from the support
D - Bullish, price looks overextended, price is retracing but I could definitely see it retracing more.

DXY - Bearish, strong rejection from the resistance, overextended, looks like it is in a very large consolidation zone

Swing entries -
I will be looking for the end of the retracement to enter a long position, until then I will be sticking with scalping

Scalping entries -
a break and retest of 1.3889 and I will enter a short

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