Hey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
TP1 : Equal Lows : Reached TP2 : PDL : Reached
Backtest of today's movement on GU, full top-down analysis done from 4H, 1H and 30M
BTCUSD seems to be undergoing some bearish pressure!!
DXY on the higher timeframes has shown us that we should be bearish. Taking it down to the 30minutes timeframe, we see that the drop is in motion but we are retracing to the grey area of liquidity.