GBPUSD
GBPUSD closed BEARISH on the lower timeframes but on the higher timeframes it was BULLISH borderline indecisive. GBPUSD will be led by DXY which closed BULLISH so we should see downwards pressure in the pound. Chart structure is displaying a wedge which we need a break of for directional bias. I will be looking for short opportunities within the market this week.
GBPUSD closed BEARISH on the lower timeframes but on the higher timeframes it was BULLISH borderline indecisive. GBPUSD will be led by DXY which closed BULLISH so we should see downwards pressure in the pound. Chart structure is displaying a wedge which we need a break of for directional bias. I will be looking for short opportunities within the market this week.
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