Tenozen

(GBPUSD) Fri, 18 November 2022 Setup 4

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD Short bias
Status: Closed short position

What do I see?
- Building Permits Prel and Housing Starts created a bearish response.
- USDCHF starting a new bullish trend.
- My Indicator shows an ideal short entry point.
- The 1.18826 support line should be broken and closed below the line to confirm the start of the downtrend.
- Waiting for Existing Home Sales report.

What I would do?
- Wait for the Existing Home Sales report

Happy Trading! Good luck!
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