Get started
UnknownUnicorn33264805

GBPUSD - WEEK 8

British Pound / U.S. Dollar (OANDA:GBPUSD)  
UnknownUnicorn33264805  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis GBPUSD gbpusdshort gbpusdlong gbpusdanalysis gbpusdsignal
5
0
trendanalysis chartpattern fundamental gbpusd gbpusdshort gbpusdlong gbpusdanalysis gbpusdsignal
GBPUSD - WEEK 8

GBPUSD followed projections to perfection and met the extension within the pip!

Now DXY will take the lead from here and will have control over this pair. A bearish DXY will give us a bullish situation where I would like to see a higher low made to enter from and target 1.37450. If DXY turns bullish then the pound will fall surpassing 1.35000 and turning completely bearish.

I am favouring a bearish DXY so I will keep an eye out for the set up.

Related Ideas

UnknownUnicorn33264805
GBPUSD - WEEK 9
UnknownUnicorn33264805
GBPUSD - WEEK 7
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.