Long GBPUSD Long

British Pound/U.S. DollarFXCM

Description

⋅ Mar 7, 2020 10:17 AM

1. Triangle breakout
2. COT is bearish but not enough to signal a reversal in GBPUSD
3. Seasonality is bearish for USD in March and April
4. USD index break down and turn bearish from consolidation structure

Beyond Technical Analysis