ZIPHO67

GBPUSD short position setup

Short
FX:GBPUSD   British Pound / U.S. Dollar
Price has confirmed bearish movement on weekly with a break of structure and a fvg (which is the below price action on 4hr tf).

Price has been bullish the whole week with no sign of institutional of strong institutional candlesticks that change market structure. We have a few events on Friday (today) and a lot more next week including NFP (which is likely to attract more investments to the USdollar.
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.