Nice potential setup. Waiting for some confirmation before entry.
As you know, GBP is extremely volatile right now, so major pips can be made in a matter of hours.
Technicals: Monthly rejection level at the supply handle @ 2.000. Double top formation. Lots of confluence on the technical side.
Fundamentals: BREXIT optimism may fade from Friday. NZD has been...
Looking for a potential short, with 2 take profit levels.
Dynamic resistance off the 200 SMA
Bound to test the liquidity zone
Looking for the downwards extension to keep the bearish momentum and for the rally to continue.
I would prefer to wait for a strong sell indication before taking any trade!!!
Although IMF is insisting the USD is...