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Trade_Simple_FX
Oct 25, 2022 7:49 AM

GBPUSD H4 - Short Signal Short

British Pound/U.S. DollarFXCM

Description

GBPUSD H4 - We are trading south of this 1.13 whole number, and we are still descending on multiple timeframes, the daily, H4 and H1, undoubtedly. Analysis to follow on the hourly timeframe, to justify to potential intraday entry point. Targets initially 1.08-1.10 I feel, this could be a healthy balance price, until we hear more from Sunak and government positioning. Dollar expected to continue it's bull run.
Comments
JoeChampion
Agreed on USD strength mate, thanks!
hongying2299
but now see usd no so strong....
Trade_Simple_FX
@hongying2299, check out our analysis on the DXY. Healthy corrections seen, still a very evident D1 bull run.
hongying2299
hongying2299
need change to long already
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