GBPUSD: bearish momentum & new trading zones
2020-01-09 18:23:15
GBPUSD just took a dive into a new trading zone after the comments from the BoE.
We see a decent swing trade here based on our key trading levels and the indication on other GBPXXX trading pairs.
Before the news we shorted GBPJPY based on a bearish reversal contraction.
We now continue to sell the GBP but VS the USD this time!