This is a continuation Trading opportunity. There is an Upcoming News of; Retail Sales, Core-Retail Sales, & Unemployment claims. we expect the News to be double face; some will turn out to be positive while some will be Negative against Dollar. The DXY is clearly on down trend, though it currently went for retest, and its expected todrop by the up coming...
GBP-USD is expected to go a Reset after bouncing a Higher TF Demand Level. I wrote on the Chart TMPLt the rest of the psychological evidences.
Pound/ US Dollar is going down as we anticipated. And also provide us with another entry opportunity, after retesting our previous entry level. JLOT we analyzed the potential direction of the Fundamental News on U.S Dollar. Thus, we have a strong confluence in place (Fundamentally) due to the positive ADP Non-Farm Employment Change and Unemployment Claims. So,...