Possible Sell Idea on GU. Dollar still neutral.

Name: Possible Sell Idea on GU. Dollar still neutral.
Uploaded: 2023-11-27T18:12:18.420007
Channel: DWoodz
Description: As I monitor the movement on DXY I am still neutral with no bias on direction. I feel it could move bullish but it has yet to show significant signs that it wants to move that way. I'm currently waiting to see Lows taken then see how it reacts from there. It is in a good position to flip directions but its important that we do not jump in prematurely.

Short

British Pound / U.S. Dollar (OANDA:GBPUSD)

OANDA:GBPUSD British Pound / U.S. Dollar

Trend Analysis Chart Patterns Technical Indicators

trendanalysis chartpattern indicator

As I monitor the movement on DXY I am still neutral with no bias on direction. I feel it could move bullish but it has yet to show significant signs that it wants to move that way. I'm currently waiting to see Lows taken then see how it reacts from there. It is in a good position to flip directions but its important that we do not jump in prematurely.

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