GBPUSD - Bearish market structure ✅
Updated
Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we have similar situation as on GBPNZD, we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement in order to fulfill the imbalance higher and then to reject from bearish order block.
Fundamental analysis: On Friday we have important news on USD, will be released NFP and Unemployment Rate. If the results are negative, it will support our analysis.
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‼️ This is my perspective on GBPUSD.
Technical analysis: Here we have similar situation as on GBPNZD, we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement in order to fulfill the imbalance higher and then to reject from bearish order block.
Fundamental analysis: On Friday we have important news on USD, will be released NFP and Unemployment Rate. If the results are negative, it will support our analysis.
Like, comment and subscribe to be in touch with my content!
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🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - great conditions for trading - nmaffen.com/c1mp99nemznd
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