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GoodTradeST
Mar 3, 2024 4:43 PM

GBPUSD H1 / Expecting a Bearish Move / Looking for Short Trade ✅ Short

British Pound/U.S. DollarFXCM

Description

Hello Traders!

This is my forecast for GBPUSD H1. I expect DXY to be continuously bullish, that's why I will look for a short entry on GBPUSD. I expect to see that PDL will be taken.

Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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Comments
TheFxAce
Your straightforward analysis supports being cautious and possibly selling.
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