Solfi

GBPUSD A CHALLENGING SETUP FOR A BULLISH BIAS

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
The pair Gbpusd is looking a bit challenging. Though my overall bias seems to be a very strong bullish. However, in my correlation analysis, only Gold is not fully aligning. Hence, drawing my attention to a possible short term correction, and a lag before we resume the proper bullish rally. It is adviseable to HOLD TO BULLISH BIAS of this pair taking the two lines depicted from the chart as expected support base for the bullish run. Trade with care!!!!
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.