We start the month of February with a new DOLLAR STRENGTH! The reasons? Technically, the USD is clearly bullish, and if we add to that Trump's tariff war!, "White and in a bottle", USD, GOLD and JPY will be the winners in the face of the volatility that the markets will experience in the coming days.
If we analyze the GBPUSD PAIR in H4 time frame, we observe that technically it is bearish (Bear) since October 3, 2024.
On January 13 of this year it touched its annual low in the 1.21045 area, and from there it began to regain strength, reaching a 61.8% FIbonacci retracement, to the 1.125300 area. From there it began to fall again.
Today ALL CURRENCIES against the USD have opened with STRONG FALLS (except for the YEN (JPY)) and therefore, GBPUSD is falling sharply at this time.
--> Where is it now?
The situation is clear! We can now take advantage of any rise in the price of the GBPUSD to enter SHORT.
--> Only in GBPUSD?
No. Any currency PAIR against the USD (EXCEPT USDJPY) will lose strength, that is, we will ALWAYS go in favor of the USD!! For example:
--> Long in: USDCHF, USDCAD
--> Short in: EURUSD, GBPUSD, AUDUSD, NZDUSD
Greetings and ALWAYS WAIT FOR A REVERSE to enter IN FAVOR OF THE USD!!
Good business!!
If we analyze the GBPUSD PAIR in H4 time frame, we observe that technically it is bearish (Bear) since October 3, 2024.
On January 13 of this year it touched its annual low in the 1.21045 area, and from there it began to regain strength, reaching a 61.8% FIbonacci retracement, to the 1.125300 area. From there it began to fall again.
Today ALL CURRENCIES against the USD have opened with STRONG FALLS (except for the YEN (JPY)) and therefore, GBPUSD is falling sharply at this time.
--> Where is it now?
The situation is clear! We can now take advantage of any rise in the price of the GBPUSD to enter SHORT.
--> Only in GBPUSD?
No. Any currency PAIR against the USD (EXCEPT USDJPY) will lose strength, that is, we will ALWAYS go in favor of the USD!! For example:
--> Long in: USDCHF, USDCAD
--> Short in: EURUSD, GBPUSD, AUDUSD, NZDUSD
Greetings and ALWAYS WAIT FOR A REVERSE to enter IN FAVOR OF THE USD!!
Good business!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.