GBPUSD Idea.
G'day guys.
Let's analyse GBPUSD.
From weekly perspective, this pair completing upside market cycles which is mean in the Major Supply Zone created a strong resistance level.
Today idea, we looking for a pullback before shorting this pair which is most likely going to changing direction. There was a possible sideways happening as the NFP data release will be held on June 4. I believe most of the traders will be waiting for this result to make a solid decision.
But for today, we expecting the price will drop.
Let's see what happens next.
Let's analyse GBPUSD.
From weekly perspective, this pair completing upside market cycles which is mean in the Major Supply Zone created a strong resistance level.
Today idea, we looking for a pullback before shorting this pair which is most likely going to changing direction. There was a possible sideways happening as the NFP data release will be held on June 4. I believe most of the traders will be waiting for this result to make a solid decision.
But for today, we expecting the price will drop.
Let's see what happens next.
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