(GBPUSD) Thu, 17 November 2022 Setup

GBPUSD

GBPUSD Neutral bias.
Status: Waiting for confirmation

What do I see?
- Traders are waiting for Building Permits Prel and Housing Starts Report. As the market is aspected to go sideways, both of those reports could impact significantly our next decision regarding the direction of the market.
- The market is biased both ways, creating a liquidity pool.

What I would do?
- Wait for Building Permits Prel and Housing Starts Report.

Happy Trading! Good luck!