GBPUSD - OUTLOOK

avatar
· Views 841

GBPUSD - OUTLOOK

GBPUSD sunk today as DXY climbed higher from the FED rate hike.

Ideally a long for the pull back would be nice but we are in a very bearish zone and this would be unnecessary risk. Once DXY pulls back and fins support GBPUSD should have had it's pull back and found resistance. I will look to short GBPUSD once the set up presents itself.

DXY will highly responsive to the geopolitical tensions in Europe and can move any direction any time

#OPINIONLEADER#

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest