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Elite_Forex

GBP/USD short as DXY will pump

Short
U.S. Dollar Index (TVC:DXY)  
Elite_Forex  
TVC:DXY   U.S. Dollar Index
Fundamental Analysis Beyond Technical Analysis GBPUSD GBP USD dollar dollarindex Forex Technical Analysis fundamental-analysis strategytesting
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fundamental beyondta gbpusd gbp usd dollar dollarindex forex technicalanalysis fundamental-analysis strategytesting
*Analysis*
GBP/USD is currently testing resistance level so we are looking for short opportunities as the Dollar continues to strengthen.
And just at this time, the DXY is about to spike up and serve us as an entry signal.
*Trade*
Possible 1:7 RR but I would suggest closing part of the position after hitting 2/3 R and moving the SL to BE
Check out my other trading ideas in the profile.

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