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Oct 27, 2021 9:35 AM

GBPUSD H4 - Short Setup Short

British Pound/U.S. DollarFXCM

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GBPUSD H4

Again, full technical commentary in the video above, cable has been a really good pair to follow during recent trade. Solid resistance price of 1.38, multiple confluence zone that's offered 3 shorting opportunities over the last week or so.

In line with DXY, we could see a bearish breach of 1.37 if DXY performs as expected with a target of 94.500 (YH's). Thus pulling cable nearer the 1.36200 price.
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