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DA-WaveTrader
Apr 19, 2021 8:47 AM

GBPUSD Sell Setup Short

British Pound/U.S. DollarFXCM

Description

GBPUSD Sell Setup

- Potential DXY up reversal anytime
- Look for sell setup at level 1.39000
- TP Targeting the weekly low and all the way towards 1.36200 or below

Note:
Monitor DXY price action for setup confirmation, GU could keep dragging high if DXY keep trending down
But when it goes, GU is a potential trade you dont want to miss

Comment

DXY still keep dragging down, hope no one in the trade yet
Again, we need DXY confirmation for this sell setup

Comment

Will walk away for now
Structurally not mature yet

Order cancelled

On hold on GBPUSD sell setup
GBP might be weak this week
Will update if there's new finding

Comment

Careful with all GBP pairs, the bigger trend of it might changing to the total upside now instead of an expected retracement down move this week

I will take a break to allow the market unfold for better view
Trade with care !

Comment

Will post a latest view on GBPUSD soon
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