GBPUSD Short bias
Status: Closed short position
What do I see?
- Building Permits Prel and Housing Starts created a bearish response.
- USDCHF starting a new bullish trend.
- My Indicator shows an ideal short entry point.
- The 1.18826 support line should be broken and closed below the line to confirm the start of the downtrend.
- Waiting for Existing Home Sales report.
What I would do?
- Wait for the Existing Home Sales report
Happy Trading! Good luck!