GBPUSD IS READY FOR NFP
On GBPUSD, we have a bullish/neutral setup in anticipation of the Non-Farm Payrolls (NFP) data, which will be released in approximately one hour. The objective will be to look for a bearish setup if the price falls below the supply zone and then bounces back around 1.2520. Otherwise, a long position with a target of 1.26 could be considered, and this might be confirmed by the data as well.
Let me know what you think.
Happy trading to everyone.
Let me know what you think.
Happy trading to everyone.
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