GBPUSD followed projections to perfection and met the extension within the pip!
Now DXY will take the lead from here and will have control over this pair. A bearish DXY will give us a bullish situation where I would like to see a higher low made to enter from and target 1.37450. If DXY turns bullish then the pound will fall surpassing 1.35000 and turning completely bearish.
I am favouring a bearish DXY so I will keep an eye out for the set up.
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