Hello,
Weaker USD during european session... Greenback loosing ground vs. Eur and Gbp
Strong sell-off ahead? Propably, if Us data at 15.00 will be weaker we could see strong sell-off...
GBP-USD - on 1h chart downtrendline was broken, bullish flag confirmation above 1,9600 also inverted shs formation... All this suggest that bulls will try push pair higher today twds 1,9730-50, above this level 1,9850. Bullish scenario will be cancel, if we fall below 1,9580. Watch Us number at 15.00 gmt.
Strategy: small long at 1,9615-30 sl below 1,9580 tp 1,9730
Good Luck
Piotr
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