gbusd - I don't see the bulls pulling a fight for this one right now, however the bears have been pushing down heavly, for now I am with the bears on the supply strong sells at the moment but anything can change this is trading.. bias sell for me
waiting for this lovely set up to give me the hand, GBP the land of the king, I would like to see this pair continue going long, as I see the DXY aint showing any fight anytime soon... price is also consolidating waiting for a break to show me sign of direction were it wants to go long term.. discounted area's price could potential reach under this liquidity...
So how I feel about this trade, Euros were wining this battle, I didn't see the USD pulling up a fight, overall move was BULLS we have a break of structure indicting Bulls are in control... however price does need to retrace as you see broken structure again to the downside, also price showed it was in a (range) I would wait for the breakout to show clear...
Current trend now is in a Downtrend (short term) However if you wait for price to be in line with the Daily trend, you can have a high possibility to catch the trend towards the upside, who knows what can happen next we wait and see. check fundamentals to be on the right side of the trend.