SHORT IDEA / GBPUSD
- GBPUSD is sitting at a strong resistance line.
- GBPUSD is very overbought.
- The US indices are also overbought, any move down on those will most likely give USD strength for this move to happen.
- DXY has been rising lately.
- Possibe Pin Bar on this weekly candle.
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
We welcome your thoughts and comments! Follow us for more great ideas.
- GBPUSD is very overbought.
- The US indices are also overbought, any move down on those will most likely give USD strength for this move to happen.
- DXY has been rising lately.
- Possibe Pin Bar on this weekly candle.
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
We welcome your thoughts and comments! Follow us for more great ideas.
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