GBPUSD Correlation Strategy

15 ก.ค.

I observed that EUR/GBP was bullish, which increased the likelihood of GBP/USD declining. However, before shorting GBP/USD, I needed a specific point of interest. I switched to the 1D timeframe and identified a bullish imbalance, with the top of this imbalance coinciding with the previous day's low. This confluence prompted me to place a trade.