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aparkon
Nov 4, 2019 6:53 AM

11-04-2019 GBP/USD - The cable is approaching major sell area Short

British Pound/U.S. DollarFXCM

Description

We may see dollar retracement as FED has turned to hawkish and stated the FED will not either decrease or increase the rate until it sees a really significant rise in inflation. Also, DXY is approaching major buy area =supported by uptrendline= around 96.60-96.80 which supports GBP short idea.

Entry: 1.30000 + - 10
SL : above supply zone
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