dennisbay

15.1.2021, I am looking to sell GBPUSD tonight

Short
FX:GBPUSD   Livre sterling / Dollar américain
The Dollar DXY is looking strong, testing the resistance levels and forming a flag formation... last night Fed Chair Powell sounded on a hawkish side which is good for the dollar going forward.

That started to play out this morning when the USD strengthened and USDJPY went up, EURUSD went down and GBP USD is looking set for a crash down to test lower red support zones.

I am in the sell at the high supply zone and aiming to take some quick profits tonight...

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