GBPUSD - OUTLOOK
GBPUSD sunk today as DXY climbed higher from the FED rate hike.
Ideally a long for the pull back would be nice but we are in a very bearish zone and this would be unnecessary risk. Once DXY pulls back and fins support GBPUSD should have had it's pull back and found resistance. I will look to short GBPUSD once the set up presents itself.
DXY will highly responsive to the geopolitical tensions in Europe and can move any direction any time, Follow the link below
Ideally a long for the pull back would be nice but we are in a very bearish zone and this would be unnecessary risk. Once DXY pulls back and fins support GBPUSD should have had it's pull back and found resistance. I will look to short GBPUSD once the set up presents itself.
DXY will highly responsive to the geopolitical tensions in Europe and can move any direction any time, Follow the link below
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