GBPUSD Has broken the bullish swing low on 4 Hour time frame with strong sell off bearish candles leaving behind a big bearish imbalances in price. Which extra confirm that price is extremely bearish on 4 Hour time frame.Now that trend has shifted from bullish trend to a bearish one, am now bearish on GBPUSD.
Bearish shift in market structure that happened on
EURUSD EURUSD which is a correlating pair with GBPUSD extra confirm this bearish bias on GBPUSD.likewise also, the Bullish Shift in Market Structure on
USDCAD USDCAD, which is an opposite correlating pair confirm this sell on GBPUSD.So, my focus now is selling GBPUSD in every pullback or retest of key bearish levels.
I will update you as the trade develop.
Trade active
Entry taken and GBPUSD is now selling...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.