Jul 01 2022 at 10:15
GBPUSD is likely to keep on dropping to test its key support level near 1.2000 round psychological level, which could provide an opportunity to go long if the market provides any reversal signals such as double bottom , inverse head and shoulder, falling wedge or any reversal pattern. We will also consider candlestick patterns such as morning star , doji , bullish engulfing etc.
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Jul 01 2022 at 10:15
GBPUSD is likely to keep on dropping to test its key support level near 1.2000 round psychological level, which could provide an opportunity to go long if the market provides any reversal signals such as double bottom , inverse head and shoulder, falling wedge or any reversal pattern. We will also consider candlestick patterns such as morning star , doji , bullish engulfing etc.
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With the way things are going I can't look past DXY rallying quite a bit more yet. I won't be surprised to see GBPUSD head towards 1.15 mid term.
If you can't spot the liquidity then you are the liquidity.
Jul 25 2022 at 08:24
Lately, shares have been swinging back and forth due to a contraction in the services sector and its Composite index.
Could be a big week for this pair with the recent technical recession news from the US as well as still increasing inflation and another 0.75% interest rate hike. I'll be keeping an eye out for Thursday BoE rate news to see if they plan to stay conservative or go with a 0.50% raise to attempt to curb inflation.
If you can't spot the liquidity then you are the liquidity.
Sep 19 2022 at 16:53
Now I see that everything points to a breakout of the pound. I suppose GBPUSD will rise to the level of 1.15910. And then if pounds breaks through this level, it will mean the bull movement.
Think thrice before opening an order
Not so confident GBP is looking to breakout. Weaker vs EUR and USD at the moment.
If you can't spot the liquidity then you are the liquidity.
Oct 31 2022 at 12:36
The pound rose well on the undulating movement as well. Now it is pulling back, although it is still a bullish trend. Until the bear, I hope it does not come.
Think thrice before opening an order
Still not bullish for me yet. Needs to break 1.1740 for me to be on board
If you can't spot the liquidity then you are the liquidity.
Nov 15 2022 at 10:49
The GBPUSD chart pleases me no less than EURUSD. I like to watch the bullish trend in currencies.
Although, usually, by the end of the year, a bearish trend is observed almost everywhere. But I believe in the near future the pound will rise and consolidate at the level of 1.19490.
Although, usually, by the end of the year, a bearish trend is observed almost everywhere. But I believe in the near future the pound will rise and consolidate at the level of 1.19490.
Think thrice before opening an order
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