If we look at the H1 TF it seems that we can say that GBPUSD is currently moving in a bearish trend, we can see this from the movement of GBPUSD which has moved below the MA200. Therefore, for today I think opening short positions on GBPUSD is more feasible for us to do because there is a possibility that GBPUSD will fall back at least to catch up with the demand area on the H1 TF. The options we can do are first we can immediately sell at the price that is currently running, or the second option we can place a pending order in the form of a sell limit in the supply area around the price of 1.4110, for stop loss we can place it around the price 1.4132.
if you remember the GBPUSD analysis for today, we can see that yesterday's GBPUSD was in a very bullish state, yes, uncle, because I saw it from a large time frame, so it could be that today the price will continue its upward journey...
Even yesterday there was no news what, but it made GBPUSD rise quite significantly om, the increase was around 120 pips, this is a very large range, really strange but real
even though the USDX is also in a state of silence, a thousand languages are not moving, uncle, so the buy option for today is probably the best for us to do