Long GBPUSD

1. Triangle breakout
2. COT is bearish but not enough to signal a reversal in GBPUSD
3. Seasonality is bearish for USD in March and April
4. USD index break down and turn bearish from consolidation structure (See below USD index chart)
1.Price Break out downwards from Consolidation trend, signalling a bearish USD to come in the future.
2. COT is turning bearish

Edwin Wong
Latest posts by Edwin Wong (see all)

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.