Price broke the Weekly trendline with momentum -
DAILY DOUBLE BOTTOM at key level 1.7500 -
Higher H & higher low created -
Weekly candle close above MKlevel 1.800 -
Waiting for a trendline or 1.8000 level retest -
Only looking for sell this week
Potential DOWN trend - COVID situation getting better - USD/us10/ will strengthen till getting back at preCovid levels - Gold has reached high times levels ( strong Bull run AUG/20 ) because of uncertainty during this pandemic - Price Could drop till it gets to an average 'normality'
GBPUSD has been up-trending since Brexit ( 60+days ) -
Have not made a proper retracement since -
Weekly candle rejected and close above 1.4000 level -
Confirmation of reversal -
Retracement has started - looking to short it to 61.7 Fib point -
Traget > 1.34000 -
