GBPUSD
GBPUSD Short bias
Status: Closed short position
What do I see?
- Building Permits Prel and Housing Starts created a bearish response.
- USDCHF starting a new bullish trend
What I would do?
- Existing Home Sales report would be the final decision for the market direction. I'll enter short at the 1.19202 1.19499 resistance level.
- If the SL got hit, I'll wait for the Existing Home Sales report result.
Happy Trading! Good luck!