Idea: GBPUSD 0.43% 0.04% has shown weakness off the 4hr RSI over bought. There is continued weakness off the Daily and Weekly time frames. Expecting to see price weaken at 1.30265 into a retracement. This would correlate with my expected DXY long trade.
Trade Management: A break long over 1.3125 indicates more sterling strength than expected and a continuation long.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. This is not investment advice. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
