GBPUSD Short, possible drop to fib 50%

Entry at 1.22900 (RSI, MACD Crossed down)
Nonfarm Payroll came out positive For US making a big drop, possible area of short is to fib50% level or further to support around 1.20500 area

Commentaire:

DXY might pump next week Monday, since it's already hit 104 and dipping on 103 area. Also Fed just came out to say they will take hawkish approach, so it will result in dxy up. GUPUSD/EURUSD (down).
Source: Reuters
Dollar jumps as wage growth spurs hawkish Fed bets