GBPUSD Short for next week?

Here is my idea. 4hr I see a head and shoulder. DXY pushed higher and we could be going on a bull run once we break 95.00 . I think it GU will go up a bit since it is at support and the 200 EMA is sitting right there. Also I will give you a look at the weekly and you will understand. The trend line going up isn't confirmed yet since it only touched twice. I just added it in case it rejects it. Could go lower than this trend line. Again, I like to see a break-retest. I usually dont enter a trade unless it retests broken structure


Watch out for Brexit news that makes GBP go wild.

Kommentera:

That is the weekly view. Look at those 2 rejection candles.