GBPUSD (Getting Ready For More Shorts) (Not Entirely Ready YET)
Looking for shorts on GU when it is possible. I want to see the area below be broken before I enter, as the whole market is probably short right now. But, GBP headlines is still very bearish and I would like to see it continue much further.
Last week we had no sudden movements like we have seen in the past, market is clearly in accumulation phase and a big move is coming. DXY took some huge hits last week. but, closed the week sharply so dxy could well continue on. Another factor for GBP to continue down
Last week we had no sudden movements like we have seen in the past, market is clearly in accumulation phase and a big move is coming. DXY took some huge hits last week. but, closed the week sharply so dxy could well continue on. Another factor for GBP to continue down
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BOOM!