Get started
dennisbay

15.1.2021, I am looking to sell GBPUSD tonight

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
dennisbay  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis GBPUSD
1
0
trendanalysis indicator fundamental gbpusd
The Dollar DXY is looking strong, testing the resistance levels and forming a flag formation... last night Fed Chair Powell sounded on a hawkish side which is good for the dollar going forward.

That started to play out this morning when the USD strengthened and USDJPY went up, EURUSD went down and GBP USD is looking set for a crash down to test lower red support zones.

I am in the sell at the high supply zone and aiming to take some quick profits tonight...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.