finally my AUDUSD trade worked out after being stopped out. now GBPUSD shows a nice setup for the short side: three wedges ready to break to the downside. This however might take a while (below: two hour chart). 1.595 might be possible.
risks: the big trend lines from the daily chart in EURUSD and GBPUSD above the current price level are coming closer and closer. For GBP this line is still a bit further away at around 1.63ish. I think we will first make a dive.
In the short term the USD looks a bit stronger. Might take a long in USDCAD and a short in the NZDUSD as well.
In the short term the USD looks a bit stronger. Might take a long in USDCAD and a short in the NZDUSD as well.
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