HELLO TRADERS
before we talk about GBPUSD first lets take a look at the dollar index DXY
DXY has been strongly bullish, broke out of a strong resistance and tested it expecting continuation higher
now back to GBPUSD
GBPUSD has been creating lower lows and corrected
at this point we expect a continuation lower
BREAK ABOVE 1.16500 WILL INVALIDATE THIS IDEA
GOODLUCK
before we talk about GBPUSD first lets take a look at the dollar index DXY
DXY has been strongly bullish, broke out of a strong resistance and tested it expecting continuation higher
GBPUSD has been creating lower lows and corrected
at this point we expect a continuation lower
BREAK ABOVE 1.16500 WILL INVALIDATE THIS IDEA
GOODLUCK
