GBPUSD
We are at a crossroads with GU.
Not seeing where its time to sell. If you observe the daily it could just be a pull back to push higher.
If you look at GJ (correlated Pair) you will see that its over extended and the could retrace heavily.
If you look at the DXY support was formed as well
News Confluence as well, where the EU said the are still issues with Brexit deal ("far apart on the big issues" involving Norther Ireland)
Scientist also say UK should resort to Plan B in Covid measures (Covid Case rising)
So there are a lot of sell confluences. But the market is still KING, still following price action.
Not seeing where its time to sell. If you observe the daily it could just be a pull back to push higher.
If you look at GJ (correlated Pair) you will see that its over extended and the could retrace heavily.
If you look at the DXY support was formed as well
News Confluence as well, where the EU said the are still issues with Brexit deal ("far apart on the big issues" involving Norther Ireland)
Scientist also say UK should resort to Plan B in Covid measures (Covid Case rising)
So there are a lot of sell confluences. But the market is still KING, still following price action.
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