GBPUSD H4 SHORT ACTIVE

Jul 8

My GU short is finally active

I do expect strong bullish moves from GBPUSD though so I will be keeping a close eye on this short.

I am also looking to get into longs as the retracement progresses.

Jul 9

Note

With Powell defending the dollar and going from being pressured to being the pressure this trade looks better than ever.

Fundamentals and technicals now finally align on a higher timeframe and I will be keeping in with shorting to my target zone.