GBPUSD: Will DXY Bounce Back? |GBPUSD Swing Sell|

2 200
The GBPUSD pair is currently rallying towards a potential selling zone, where sellers could push the price down. However, the main concern is the current state of the DXY, which clearly indicates another sell-off and could lead to another lower low. Please remember to use risk management while trading forex pairs.

There are three take-profit targets that can be set according to your trading plan. This analysis doesn’t guarantee that the price will move as described.

Good luck and trade safely!

Thank you for your unwavering support! 😊

If you’d like to contribute, here are a few ways you can help us:

- Like our ideas
- Comment on our ideas
- Share our ideas

Team Setupsfx_
❤️🚀

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.