FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders,

Hope everyone is doing well and staying safe.

CABLE is showing some serious weakness here and if we see price action in the supply zone we can go short.

On the other side DXY is not giving any clear signs of strength which can slow down the move for a while.

Important : Wait for the price action to appear in supply zone on a smaller time frame and take your positions with no more than 1% risk. If you don't see a retest on supply zone then don't chase market wait for the first pullback to take your position.

Have a great day!

Comments

Good analysis
Thank you!
+1 Reply
Thank you
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