Ichimoku Cloud
GBPUSD up to sell down on the big time frameI spent 2 hours and 30 minutes studying the charts and summarizing it for you.
Please note that this is a plan and market entry conditions will vary from time to time.
You need to consider the momentum of the candle as well.
GBPUSD is still moving in the range of H4 but the general trend on major charts like Daily and Weekly shows that the pair is still in a downtrend.
DXY (US INDEX) showing bearish momentumOn the daily time frame, the index shows a bearish momentum. The weakening of the dollar showed from June and became clear from the beginning of July until now.
My trading strategy is to sell on the rally. Now is a good time to continue selling on technical charts.