Layne_LV

GBPUSD Market Outlook | Daily Forex Market Breakdown

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD
Bulls are definitely in control. I would not be looking for short just yet it just looks too bullish. That being said we will need to see some movement to the downside soon to retest lows but but the looks of things I don't think that's happening just yet. I feel before we melt to the downside we have a couple more surges to the upside in store. No trades for us just yet.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.