Today on GBPUSD> to the Upside?

מעודכן
The market is in an oversold zone
Although in a downtrend at psycological levels for a potential up move which could be a retracement for liquidity the continuation to the downside

It is a fading downtrend

The will be an up move soon in order to clear the market from oversold

Fundamental data; United States New Home Sales will be released soon
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.

Monitor it to ride the incoming waves to profits🤑
הערה
Played out superbly to the upside
Chart PatternsFundamental AnalysisTrend Analysis

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