(GBPUSD) Fri, 18 November 2022 Setup

GBPUSD

GBPUSD Short bias
Status: Closed short position

What do I see?
- Building Permits Prel and Housing Starts created a bearish response.
- USDCHF starting a new bullish trend

What I would do?
- Existing Home Sales report would be the final decision for the market direction. I'll enter short at the 1.19202 1.19499 resistance level.
- If the SL got hit, I'll wait for the Existing Home Sales report result.

Happy Trading! Good luck!
Fundamental AnalysisGBPUSDgbpusdshortshortTrend Analysis

Disclaimer