Snick3rSD

GBPUSD - Expect retracement ✅

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hello traders!
‼️ This is my perspective on GBPUSD.

Technical analysis: Here we have the same scenario as on EURUSD, we are bearish, but for now I expect price to continue the retracement to fill the imbalance. My target is bearish order block around 1.27500.

Fundamental news: Tomorrow we will see results of monthly and yearly CPI on USD. On Wednesday we'll see results of yearly CPI on GBP and on Thursday we'll have Retail Sales on USD.

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