this week going forward i am bullish on GBP/USD.. i've been bearish on the dollar and although the pound has been bearish as well, it has been getting the job done against the dollar. i'm thinking the pound will recover next week massively. im not worried about the lockdowns in the U.K. My overview on lockdown is that, until people start dying off in LARGE quantities of #'s again, i don't think it will have an affect on the markets. This is the most risky pair being that we have brexit and undecided election results to get through over the next 2 months but i believe it'll hold. Without getting too fundamental here but how long do u think GBPUSD will stay in a constant down trend while the fed's balance sheet is expanding.. below you can check out my DOLLAR chart and the reason why im MASSIVELY bullish towards GBPUSD in the near future... my bias can change when the technicals start to change as well
