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kurtlanger

GBPUSD s-t long bounce and likely more down thereafter

British Pound / U.S. Dollar (FX:GBPUSD)  
kurtlanger  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD
3
0
gbpusd
Daily pivot S2 may be targeted with currently cont'ed dollar strength. confluence with 62Fib . Consumer data this week may trigger a ST-long bounce of >20 pips . On the 4 h chart we see the MACD divergence , suggesting to be careful - especially more short opportunities if dollar stays stong and / or CPI weak.
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