Yesterday, GBPUSD almost followed the path I gave. We longed from the buy level, it hit the resistance for a good 60pips where I said will see a sell and it came down another 40 pips.
Anyway what is it for today? I said it looks bullish for EURUSD, but yet I am also bullish DXY. Yet, from the time I posted the EURUSD plan to this GBPUSD plan, DXY is strong (EURUSD at the bottom of the PZ for a possible move lower) while GBPUSD is below its PZ and at its BZ. TBH, IMO, a break below 1.2681 is a good short to test yesterday's low at 1.2655 or so and watch for a possible failed test and another bounce up.
Anyway what is it for today? I said it looks bullish for EURUSD, but yet I am also bullish DXY. Yet, from the time I posted the EURUSD plan to this GBPUSD plan, DXY is strong (EURUSD at the bottom of the PZ for a possible move lower) while GBPUSD is below its PZ and at its BZ. TBH, IMO, a break below 1.2681 is a good short to test yesterday's low at 1.2655 or so and watch for a possible failed test and another bounce up.
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