Trade_Simple_FX

GBPUSD H4 - Long Trade Setup

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD H4 - USD strength seen off the back of the weekend headlines and USD upside gap, various reasons supporting this, such as the US vaccination manufacturing, Trumps comments last week regarding stand-down and January 20th transition, stim packages etc...

Eyes peeled on DXY going forward this week, looking to suss our whether these moves are short or medium term. 1.35 support on cable has finally been seen after failing to break 1.35500 last week.

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