*Analysis*
GBP/USD is currently testing resistance level so we are looking for short opportunities as the Dollar continues to strengthen.
And just at this time, the DXY is about to spike up and serve us as an entry signal.
*Trade*
Possible 1:7 RR but I would suggest closing part of the position after hitting 2/3 R and moving the SL to BE
Check out my other trading ideas in the profile.
GBP/USD is currently testing resistance level so we are looking for short opportunities as the Dollar continues to strengthen.
And just at this time, the DXY is about to spike up and serve us as an entry signal.
*Trade*
Possible 1:7 RR but I would suggest closing part of the position after hitting 2/3 R and moving the SL to BE
Check out my other trading ideas in the profile.
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Elite_Forex
Essential
about DXY