Unlike the other currencies, GBP is somewhat stronger, closing Friday with a rather strong green candle. Based on price action, it would be a long for GBPUSD but as I am bullish DXY for now, if I were to long GBPUSD, it would be from a lower level IMO.
If GBPUSD trades below PZ, I will not be interested to be long IMO, not until 1.2807 or 1.2759 to look for possible long opportunities.
But overall I am more bullish DXY today thus I will be looking at AUDUSD EURUSD for possible short opportunities.
If GBPUSD trades below PZ, I will not be interested to be long IMO, not until 1.2807 or 1.2759 to look for possible long opportunities.
But overall I am more bullish DXY today thus I will be looking at AUDUSD EURUSD for possible short opportunities.
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