GBPUSD TO LONG DURING NFPNon farm payroll is today and my projection for GBPUSD is that it will long, but for that to happen, I am projecting a retrace to the 50EMA where it is our area of interest before it buys to 1.27588.
DY
XLF Short Position 13:21:06 (UTC) Thu May 28, 2020XLF Short Position 13:21:06 (UTC) Thu May 28, 2020
DXY : Short Dollar is now showing signs of overbought !!
RSI & MACD not bullish -- a bit bearish !!
FED event gone - no more event lined up
If scenario wave count -- most probably wave 3 is about to end of wave 5 (not on chart )!!
