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GBPUSD: BoS, weak GBP, strengthening USD
British Pound / U.S. Dollar
Short
GBPUSD: BoS, weak GBP, strengthening USD
By Finchcliffe
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Updated
Jan 23
5
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Jan 23
I'm expecting a big collapse from this pair over the next few weeks.
I'm seeing a Break of Structure on the lower timeframes, with 1hr retest.
GBP data shocking and certainly indicating recession, USD not looking like a recession. Heightening global conflict could also lead to a stronger USD.
I'm going short on this pair, first target 1.255.
Jan 23
Comment
So far so good!!
cable
Chart Patterns
dollar
Fundamental Analysis
GBP
GBPUSD
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Trend Analysis
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