Good day, snipers. Here in GBP/USD, I will only be looking for longs due to a weak dollar. Price is currently at the resistance zone but if I see a break above that zone, I will continue with a long position. Fundamental analysts keep saying that the dollar can still go down. Recently, no wicks are present on the resistance zone compared to its previous touch last June 10. Refer to the DXY chart, and if that still goes bearish, GBP/USD is a powerful long decision.
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Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
Join the discussion down below.