British Pound / U.S. Dollar
Short
Updated

GBPUSD - Bearish market structure ✅

265
Hello traders!
‼️ This is my perspective on GBPUSD.

Technical analysis: Here we have similar situation as on GBPNZD, we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement in order to fulfill the imbalance higher and then to reject from bearish order block.

Fundamental analysis: On Friday we have important news on USD, will be released NFP and Unemployment Rate. If the results are negative, it will support our analysis.

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