25052023 - #GBPUSD

Yesterday gave the perfect move; GBPUSD hit PHOD on a fake move up on CPI news then gave a 120pips sell closing lows. I am still bullish DXY and nothing seem to indicate a top, though we could consolidate today. But now GBPUSD coming down nicely. IMO any rally till 1.2396 is a possible short for a move to 1.2306 with a possible further downside to 1.2269.
algolevelforextradingGBPUSDTrend Analysis

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