GBPUSD MAPPING .3RD -7TH OCT 2022

GBPUSD when market opens on Monday , we would be able to know if the next wave drop is impulsive or corrective .However ,we still do expect a drop on gbpusd . nfp (non farm payroll ) and some other news would potentially give more data as to what to expect after the drop . COT data still shows gbp NET NEGATIVE on NON COMMERCIALS position.


in other words, its a BUYtoSELL trade