GBPUSD - WEEK 8
GBPUSD followed projections to perfection and met the extension within the pip!
Now DXY will take the lead from here and will have control over this pair. A bearish DXY will give us a bullish situation where I would like to see a higher low made to enter from and target 1.37450. If DXY turns bullish then the pound will fall surpassing 1.35000 and turning completely bearish.
I am favouring a bearish DXY so I will keep an eye out for the set up.
GBPUSD followed projections to perfection and met the extension within the pip!
Now DXY will take the lead from here and will have control over this pair. A bearish DXY will give us a bullish situation where I would like to see a higher low made to enter from and target 1.37450. If DXY turns bullish then the pound will fall surpassing 1.35000 and turning completely bearish.
I am favouring a bearish DXY so I will keep an eye out for the set up.
