Similar outlook to XAUUSD, we have already shown a response to our indicated sell zone, albeit, just at the wrong time. GBPUSD pinned into our 1.26 confluence zone following the cluster of data we saw on Friday.
If this zone sees another test of 1.26, this could be something we look to short, in line with USD strength.
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.