currently in a demand zone after a small retracement. looking to go long to make a new HH.
My confirmations for a short bias: divergence and overbought on the 4hr time frame. Also the market is in an area of sensitivty (resistance zone)
GU is currently at an area of sensitivity. Also seeing a double top at an area where the downtrend is at. Also touching a resistance zone. My confirmation bias is to the downside.
the GBP is getting weak due to the BREXITS
strong push to the upside
retracement on the 4hr chart is almost complete for a continuation to the down side.
