GBPUSD Possible Sell
Looking at GBPUSD for the week, I see the possibility of it going short, it broke the first POC area already at 1.25840
and it is testing the resistance currently, failure to break this resistance level upward and if it breaks the POC at 1.25840 downward we go short, knowing that more Contracts were added on short on the GBP compared to the USD, Also there is more weight on the GBP compare to the USD, again the volatility for Gbpusd was increased by 0.03%. Therefore, my overall bias for this pair is short.
Wait for a proper price action before going short as the price may likely go up for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks
and it is testing the resistance currently, failure to break this resistance level upward and if it breaks the POC at 1.25840 downward we go short, knowing that more Contracts were added on short on the GBP compared to the USD, Also there is more weight on the GBP compare to the USD, again the volatility for Gbpusd was increased by 0.03%. Therefore, my overall bias for this pair is short.
Wait for a proper price action before going short as the price may likely go up for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.