Put it in your watchlist, and wait for a clearer Price Action
USD Are strong right now, check out my DxY Analysis right here before taking Trading USD/XXX or XXX/USD Pairs ( link below )
This is an update of my previous GBP/USD Analysis ( link below )
The price previously making and uptrend structure and i do belive the market will reach our Strong Supply Zone before rejected down,
But currently the price are breaking our uptrend line and going south without triggering our Short Entry.
in our most likely scenario, GBP will rise again filling those imbalance at our strong supply zone forming a Double Top and that will be our confirmation to take Short
An early entry would be high risk right now
Stay Safe, Stay Green Brother,
This is an update of my previous GBP/USD Analysis ( link below )
The price previously making and uptrend structure and i do belive the market will reach our Strong Supply Zone before rejected down,
But currently the price are breaking our uptrend line and going south without triggering our Short Entry.
in our most likely scenario, GBP will rise again filling those imbalance at our strong supply zone forming a Double Top and that will be our confirmation to take Short
An early entry would be high risk right now
Stay Safe, Stay Green Brother,
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