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GBPUSD - WEEK 8

Libra esterlina/Dólar estadounidense (OANDA:GBPUSD)  
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OANDA:GBPUSD   Libra esterlina/Dólar estadounidense
Trend Analysis Chart Patterns Fundamental Analysis GBPUSD gbpusdshort gbpusdlong gbpusdanalysis gbpusdsignal
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GBPUSD - WEEK 8

GBPUSD followed projections to perfection and met the extension within the pip!

Now DXY will take the lead from here and will have control over this pair. A bearish DXY will give us a bullish situation where I would like to see a higher low made to enter from and target 1.37450. If DXY turns bullish then the pound will fall surpassing 1.35000 and turning completely bearish.

I am favouring a bearish DXY so I will keep an eye out for the set up.

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