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GBPUSD will rise to retest the resistance zone.
British Pound / U.S. Dollar
Long
GBPUSD will rise to retest the resistance zone.
By sina228800
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May 11, 2022
1
May 11, 2022
Let's have an assumption on GU.
Fed is tightening the market big time and we won't have any reversals to a bull market for majors yet.
However, we would see some retracement from here on all majors related to USD.
DXY should retrace at least the weekly profile.
Let me know in the comments below if you have any questions.
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sina228800
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