GBPUSD SHORT

Looking at the charts, price seems to be forming a consolidation which will amount to the effect of it going down eventually, what we’re looking at is a long term possibility of price retracing back and taking our previous year low, after the previous year having a successful rally.

Looking AG the DXY chart, it seems to be favoring the strength of the $ as well. This potentially could result to a possible Bear market for GBPUSD