FX:GBPUSD   British Pound / U.S. Dollar
#GBPUSD

- Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, since the FED is a bit dovish, XXXUSD PAIRS are being BUYed a bit higher.

- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2996 LEVEL. Before that, you can SELL at 1.2334 LEVEL. So go to GBPUSD SELL ENTRIES.

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