FX_Rhapsody

GBPUSD Breakdown Analysis

Short
FX:GBPUSD   British Pound / U.S. Dollar
My outlook on GBPUSD. Nice retracement to the 70.5% / 79% Fib level, tapping Liquidity and gearing up for a nice short this week. Dollar is getting stronger slightly and the Pound is still in a negative Net Position on the COT reports.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.