AlgoTradingGroup

GBPUSD BULLISH - LOOKING TO BUY SOON

Long
FX:GBPUSD   British Pound / U.S. Dollar
Good evening traders,

Here is what we see on GBPUSD

As you can see, GBPUSD broke structure on daily time frame. We are now bullish on GBPUSD and bearish on DXY index from now on

We expect to buy GBPUSD at the marked grey area (around price 1.13497 - 1.1300), possibly tomorrow

We will keep you all posted as price moves
Comment:
EURUSD and GBPUSD bias changed to bearish now🔻

FED raised rates yesterday and we see a heavy volume selling EURUSD & GBPUSD

USD remains strong🔺

COT data shows the same✅

We see sell opportunities on EURUSD & GBPUSD which we will share soon

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