Refer to my DXY analysis for details. My target area for GU to bounce was not hit but bullish bias is still intact. GBP has strength at the moment so it not selling down all the way to support is not a reason to invalidate bullishness today. When the price highlighted on DXY is pierced I will be looking for a gap on GBPUSD to enter a buy position more than likely after NY session open.
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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.