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GBPUSD Shorts Back in Play as Dollar Pushes Higher off Key Zone

GBPUSD Shorts Back in Play as Dollar Pushes Higher off Key Zone

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Price action traders are moments away from entering short for GBPUSD as the Dollar is on its way to make a new higher high. It seemed highly likely yesterday that GBPUSD was ready to be sold. However, the Dollar ran under brief pressure by…
+150 Pips from GBPUSD + USDJPY Shorts

+150 Pips from GBPUSD + USDJPY Shorts

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Over the weekend, the US Dollar Index (DXY) was able to close bearish below 91.400. With this move, we should expect further Dollar weakness and for USDJPY to push lower. As a result of the weaker Dollar, GBPUSD buys from last week have extended…