GBPUSD Short
You can see how price is forming a third touch on the trendline. I see two price targets at the first trendline and a longer term target at the 0.38 fib level.
We saw a strong USD in the last 2 weeks which fought back after a longer period of losing. -- see dollar index
DXY
There are no further news for the GBP in the upcoming week. All eyes are on the elections in december and the volume and volatility is less than usually.
We saw a strong USD in the last 2 weeks which fought back after a longer period of losing. -- see dollar index
DXYThere are no further news for the GBP in the upcoming week. All eyes are on the elections in december and the volume and volatility is less than usually.
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