Finchcliffe

GBPUSD: BoS, weak GBP, strengthening USD

Short
Finchcliffe Updated   
FX:GBPUSD   British Pound / U.S. Dollar
I'm expecting a big collapse from this pair over the next few weeks.

I'm seeing a Break of Structure on the lower timeframes, with 1hr retest.

GBP data shocking and certainly indicating recession, USD not looking like a recession. Heightening global conflict could also lead to a stronger USD.

I'm going short on this pair, first target 1.255.
Comment:
So far so good!!
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.