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GBP/USD is moving to 15 months low 1.2595. GBP/USD as all Major currencies are going down against USD.
Near 1.2595 can start a new middle term uptrend. At this moment it is too dangerous to open Long because the price most of the times continue the trend.
That why I recommend to look for short entries on lower time frames M5 — M30.
DXY is overbought!
GBPUSD is oversold!
GOOD LUCK and take entry according to your balance.
Please support our setups with your likes, comments and by following me on TradingView, thanks!
GBP/USD is moving to 15 months low 1.2595. GBP/USD as all Major currencies are going down against USD.
Near 1.2595 can start a new middle term uptrend. At this moment it is too dangerous to open Long because the price most of the times continue the trend.
That why I recommend to look for short entries on lower time frames M5 — M30.
DXY is overbought!
GBPUSD is oversold!
GOOD LUCK and take entry according to your balance.
Please support our setups with your likes, comments and by following me on TradingView, thanks!
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