The GBPUSD is being setup for a major down move.
Institutional money has been accumulating a short position.
1.2600 - 1.2700 is where they have been working.
Expect a breakout to 1.2350
My alerts have been going off all day today, I knew it was going to be a good day. A big move is imminent, so here is what to watch out for so you don't miss the next bull run:
So we are at the 5800 demand zone. Now the question is, is this a genuine uptrend or downtrend? Where is smart institutional money going to be buying?
Primary Signs for the next bull ...