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Moipone_Phakisi
Oct 31, 2022 9:23 AM

GBPUSD Break of Support - Wait for a pullback... Short

British Pound/U.S. DollarFXCM

Description

GU is moving alongside DXY. Diagonal support has been broken.

I recommend you wait for a pullback to either that newly formed H1 supply or a supply zone on m15.

NY session should hopefully provide more opportunities for re-entry. But bottom line, as long as DXY is headed up, Sell GBPUSD.

Good luck :)
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