OncleJer

GBPUSD upcoming setups

FX:GBPUSD   British Pound / U.S. Dollar
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5
GBPUSD is giving us some different options.
I have a short bias on this pair on the long term considering the daily trend.
It have been giving us a strong pullback since the beginning of October.
The ideal level I was looking for trend continuation is around 1.29, but with DXY spiking, the trade might get triggered sooner then expected.
Keep an eye out.
Good luck
Comment: Be careful guys, DXY is so strong it's almost strange.
Comment: Although we did get a breakout, I will look at potential reversal signs.
Careful on this trade guys
Comment: Alright people, as I've said last week, a reversal was highly possible on GU for this week as I was expecting pullbacks from all USD pairs.
Let's keep an eye out for today's candle formation.
1.29 might be on the way.
Comment: Pair has been consolidating for a bit, but we finally got a push up, hopefully we will get the zone we are aiming for soon.
With NFP today I will be staying out USD pairs and wait for next week.

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