GBPUSD 23/05/2022

🎯POUND is bullish we have already taken out last week's high. And IMO we will take out last month's high in this week. In COT data we cant see bullishness yet but have seen ten net negative weeks in a row. Before this strong move-up happen. I don't say we have a long-term reversal, but if the large speculators are bearish they will be adding more shorts above the monthly high with a lot of liquidity waiting. So this week, I will be looking for the longs to target that high.

Dave-FX-Hunter ⚔

✅ PS: I will be glad if you as well share your thoughts with charts about this pair.


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❗❗ This is Pre-plan
That means my view can change, depending on how the price will arrive at the level and what will be happening on the M5 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.

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