GBP/USD Has bearish divergence on the 4hr timeframe.
This is a bearish reversal indication. Price is also over brought on GU.
The Dollar (dxy) Looks like it will start to rise from its demand area.
I will be selling GU looking to catch over 300-400 pips to the previous swing low /demand zone.
This is a bearish reversal indication. Price is also over brought on GU.
The Dollar (dxy) Looks like it will start to rise from its demand area.
I will be selling GU looking to catch over 300-400 pips to the previous swing low /demand zone.
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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.