GBP/USD: Sell-side campaign continues in play
The Sterling remains under pressure as the DXY pushes into new highs.
A fresh cycle low has been confirmed, which makes any retracement a potential opportunity to play short for the best risk-reward opportunities.
Look to sell the market from the 50% fib retracement and above for a continuation of the downward bias. When it comes to the fundamentals, the lack of any immediate resolution on the brexit saga is also weighing on the Sterling.
A fresh cycle low has been confirmed, which makes any retracement a potential opportunity to play short for the best risk-reward opportunities.
Look to sell the market from the 50% fib retracement and above for a continuation of the downward bias. When it comes to the fundamentals, the lack of any immediate resolution on the brexit saga is also weighing on the Sterling.
👉👉 Join The OFA Inner Circle:
📓📓Learn Order Flow like a PRO:
www.ofa-course.com
🧑🏫🧑🏫 Author of the #1 Order Flow Script:
www.tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
📓📓Learn Order Flow like a PRO:
www.ofa-course.com
🧑🏫🧑🏫 Author of the #1 Order Flow Script:
www.tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
