DXY and major currencies are nearly finishing Monday pullback and are heading to continue USD uptrend. Market is still waiting for US Jobless data today and Non-farm payroll on Friday to support fundamentals.
There’s a potential Bearish Diamond pattern forming for GBP.USD
DXY just breakthrough the 1 Fibonacci trend retracement since cross resistence. Expectations on US Durable Goods growing for a better than expected results. Otherwise, it should retreat to 0.5. 1 hour to go!
FX:GBPUSD still On a down trend towards the 1,213 Fibonacci support level - short selling opportunities still in play.