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NoahXBorg

GBPUSD Dual-Direction Idea

British Pound / U.S. Dollar (FX:GBPUSD)  
NoahXBorg  
FX:GBPUSD   British Pound / U.S. Dollar
Supply and Demand Support and Resistance Trend Lines GBPUSD gbpusdlong gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusdsetup gbpusd_forecast
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supplyanddemand supportandresistance trendline gbpusd gbpusdlong gbpusdshort gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdidea gbpusdsetup gbpusd_forecast
As price plays around the 1.36000 level. There are 2 possibilities based on the strength of the USD

As of the current moment, the DXY broke above the highlighted level of 94.000 and is currently trending higher showing strength in the USD amid the ADP Non-Farm Employment Change later today.

Buy on the retest of:
  • Trendline
  • Level 1.36000
  • Minor Order Block
  • Weak USD Report
    ~ With bullish candlestick and patterns

Sell on the break and retest of :
  • Trendline
  • Level 1.36000
  • Minor Order Block
  • Strong USD Report
    ~ With bearish candlestick and patterns
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