THE  CABLE have been in good selling form over the previous months and weeks... with a mass sell out yesterday and a rebounce on the H4 and D1. Are we heading to a trend reversal for the Pair?

hang tight and read on 👇

GBPU traded around 1.132014 which i made mention of during the weekly review, currently the pair is trading at 1.33229 

                          GBPUSD chart 4 hours 


DOLLAR  having shown some beast mode against POUNDS over the week, the long awaited reversal may have started coming into play following aggressive price rejection and bull momentum setting in on the H4 season,. 

the trend line have been respected over a period of time as can be seen on the chart above. this implies that a break above the king trend line will see POUNDS taking down the dollar beast mode with 1.13500 and 600 coming into play till that happens lets keep our finger crossed as price failing to do so will mean other wise for the pair.

haven mentioned the DOLLAR good running form  lets take a glance at its chart 

                                                 DXY chart H4


a break is also needed to prove dollar weakness coming into play 

till it happens trade safely 

DANNYFXTIPS

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