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Mongezi_Mayaba
Apr 27, 2023 7:01 PM

GBPUSD Retest and sell off? 

British Pound/U.S. DollarFXCM

Description

I'm expecting a massive storm on GBPUSD tomorrow following its approach on the 1.25 level.
The move is also in line with the xau/usd selloff predicted tomorrow(see below previous analysis).
I quick tip for traders I can give is the fact that Gold and GBP/USD are very much correlated and alot of the time the two charts look and move in the same manner( volatility and volume wise). This affirms my confidence that price will definitely reject $1.25.

Another quick and unrelated tip...NAS100 and US30 are also correlated charts.
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