GBP/USD vs. DXY: Long Correlation Trade

DXY vs. GBP/USD Long Correlation Trade:

DXY shows bearish price action:
> bearish trendline break
> First lower high + lower low
> Muliple-MA break
> Head-n-Shoulder Formation

GBP/USD demonstrates a high negative correlation with DXY . To keep the spread tight, I would suggest going long GBP/USD , instead of short DXY .

DXY pullback overdue, wall street bank chatter confirms this.