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Gbpusdprediction

GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be DOWN due to MARKET RISK OFF. It affects the POUND greatly. GBPUSD may be slightly UP after this DOWN. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. But GBPUSD can go down till 1.1221 LEVEL. And after that the market can go UP, GBPUSD can BUY to the 1.2003 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it. gbpusd
by benny_marshall
1
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBP is on the DOWN SIDE. Due to MARKET RISK being ON, STOCKS and all MARKETS including STOCKS may be temporarily UP. It affects the POUND greatly. GBPUSD may be slightly UP. - Definitely, GBPUSD can go up to the high RESISTANCE LEVEL. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. Accordingly, GBPUSD can go down to 1.2250 LEVEL. And after that, if the TREND LINE is BREAKED, GBPUSD can SELL to the 1.1601 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. So keep an eye on it.
by benny_marshall