Gbpusd_forecast
POUND VS DOLLAR - POTENTIAL BUY ZONES (WE REACT TO PRICE)Technical Overview: - GBP/USD
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GbpUsd- Preparing to break 1.4?In the past few days, 1.3850 provided strong support for GbpUsd and buyers came into the market each time the pair reached that zone.
At this point cable is trading under 1.4 important resistance and a break above is more and more probable.
Bulls can have 1.4250 in sight, but, considering Gbp's volatility I wouldn't be surprised if 1.45 is reached in the medium term if 1.4 is confirmed as a break
GbpUsd- 1.39 is strong resistance nowAfter a failed attempt to rise above 1.4, GbpUsd dropped 200 pips just to find support in 1.38 zone.
At this moment the pair is correcting this drop and is trading at 1.3860
This corrective rally can be a good opportunity for short trades in the 1.39 resistance aria
My target is 1.37
GBPUSD - Buy Entry - D1 ChartGBPUSD - Buy Entry - D1 Chart
Buy @ Current Market or on a pull back into the Buy Zone
Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance
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🔺 The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
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POUND STERLING - SELL COMING LEADING TO GREAT BUY POTENTIALTechnical Overview: - GBP/USD
Check out our previous posted analysis
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾