GBPUSD Weekly Outlook 12/16/19

2019-12-17 07:18:33

Monthly downtrend.
Undecided on Weekly trend until it breaks black line or creates new low.
Daily Uptrend.

I believe we are in a weekly correction move, with opportunities to buy it up before selling it down towards outside liquidity (new low)

Selling and buying opportunities in blue

Imbalance (orange boxes) to be filled before making a new low, IMO.