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DXY-SELL

GBPUSD - SELL INTRADAYGBPUSD has recovered greatly since the flash crash early in the Asian session on 2nd Jan. From a technical point of view we came and tapped a big psychological resistance level at 1.28000 before coming right back down and breaking through the ascending trendline. Upon a break we look for a retest to sell & we have that here. along with this we have may confluences such as a strong daily resistance at current level, 78.6 Fibonacci retracement level & a bearish pin bar forming on the 4hr candle. This gives us the confirmation we need to enter this trade with a good R:R. Furthermore we have NFP in around 30 minutes which could be the catalyst this pair needs to send it plummeting, The markets are starting to gain some liquidity after the holiday period, but still remain highly volatile and news could have a big impact on them so trade with care.
Short
by Analytiqfx
EURGBP Short-term buy! 0.89 level in sightGood Afternoon Traders, Whilst a buy opportunity presented itself earlier into the week, if you haven't found an entry, not to worry as the EURGBP looks to be setting up for another impulse to around the 0.89 level. Price is currently moving within a around a 2-week correction and we could find this breakout to the upside happening sooner rather than later. With the bears weighing in on the GBP, the move may be accelerated thus close attention should be payed. I will be providing more updates on this pair as we progress through and out of the correction along with my entry level, stop and tp. Good luck trading! @BrightForex
Long
by IkeOkeke