Overall Bullish, But I'm Countertrending This Trade]
GBPUSD is currently experiencing an overall bullish trend, as evident from the Weekly Chart (right) showing bullish movement within the Buy Zone.
Still Looking to Short EURUSD!]
This week marks my last opportunity to go short on EURUSD. The Weekly Chart shows a violation of structure, forming higher highs and higher lows.
My trading approach will shift to bullish once it hits the key support level or the bullish trendline.
Stay tuned for more trading insights and updates!
Aggressive traders, like me, may choose to wait for a market retest to the previous resistance at 1.2420 on the 1-hourly chart.
