GBPUSD Weekly Idea - 17/12/2023

Updated
Same Idea has EURUSD, but the daily fair value gap is more close.
Note
GBPUSD is in currently in the FVG, while EU is lagging a little bit let's see if we have some opportunities to buy during NY AM
Note
Perfect reaction in the FVG, now we are going for the daily buyside :)
Note
+80 Pips
Note
Price came back in the daily FVG, we can see an SMT divergence between EU,GU and the DXY. We got a nice +80pips however price didn't reach our last TP.
I think price will reverse now.
Note
Right Bias, but the buy side is still not taken for now.
Beyond Technical AnalysisForexforexsignalsFundamental AnalysisGBPUSDgbpusdlongTrend Analysisweeklymarketsanalysis

Related publications

Disclaimer