GBPUSD Dual-Direction Idea
As price plays around the 1.36000 level. There are 2 possibilities based on the strength of the USD
As of the current moment, the DXY broke above the highlighted level of 94.000 and is currently trending higher showing strength in the USD amid the ADP Non-Farm Employment Change later today.
Buy on the retest of:
Sell on the break and retest of :
As of the current moment, the DXY broke above the highlighted level of 94.000 and is currently trending higher showing strength in the USD amid the ADP Non-Farm Employment Change later today.
Buy on the retest of:
- Trendline
- Level 1.36000
- Minor Order Block
- Weak USD Report
~ With bullish candlestick and patterns
Sell on the break and retest of :
- Trendline
- Level 1.36000
- Minor Order Block
- Strong USD Report
~ With bearish candlestick and patterns
Disclaimer
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.