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Nov 24, 2022 9:33 AM

GBPUSD D1 - Short Signal Short

British Pound/U.S. DollarFXCM

Description

GBPUSD D1 - Big daily timeframe again, we have yet hit another 100 pip threshold. Possible shorts here from the later rally extension, relief rally for the USD as we have seen it lag in recent trade. Would ideally like some price action confirmation on the H4 atleast, failing this, we may breach upside, then we can simply prepare for the break and retest play. A correction would typically be expected though, after such a streak of bullish H4 candles.
Comments
Tradersweekly
Thank you for the idea.
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