Mronejr

GBPUSD TO 1.3 BEFORE ANOTHER DROP?

OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD broke below 1.3 because of the UK PMI negative news, now looking for a potential pullback at 1.3 to short cable down to 1.27
Next week will be very volatile as thethe four largest U.S. companies by market capitalization: $AAPL, $MSFT, $AMZN & $GOOGL will report Q1 earnings! and this is something you don't wanna miss out if you are interested to trade this setup.
You can see here the trend of both DXY & BXY , DXY is clearly trending up against the BXY.

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