Trade_Simple_FX

GBPUSD D1 - Bullish Setup

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD D1

This is the bullish scenario here on cable, much more fond of the bearish continuation setup. Mileage is much better quantified, trading in line with the trend, general market correlation and the like. However, data has pointed bullish for cable during recent events.

Looking to see this week out and understand where cable and the DXY sits. Then we can resume trading next week. Hoping DXY can get off the ground and push towards 106 again, but we have analysis prepped for both flip sides of the coin.

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