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GBPUSD: Expect DAMAGE!
British Pound / U.S. Dollar
Long
GBPUSD: Expect DAMAGE!
By AlkalineFX
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Sep 1, 2021
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Sep 1, 2021
We have a huge amount of liquidity trapped within these breakout trendlines
Retail will be attempting to sell this minor resistance forgetting that we have the untested trendline above.
Price is likely to break out aggressively to the upside tomorrow to capture stop losses.
Once this is out the way NFP on Friday could introduce strong selling as displayed on the chart.
GBPUSD
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Technical Indicators
Trend Analysis
Wave Analysis
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