📉 Market Recap & Next Week’s Plan
Last week, we saw GBP/USD make a bullish push early in the week, forming a high on Wednesday before reversing and breaking structure on the 4H time frame.
Key levels of 1.29512 and 1.29105 were taken out, signaling a potential shift towards a bearish move.
Next Week’s Expectations
I’m anticipating a retracement before continuation, and I’ll be watching for selling opportunities at key levels.
📍 Potential Sell Zones:
🔹 1.29622 (High-interest POI, higher probability of forming)
🔹 1.29794
🔹 1.29893
📍 Potential Buy Zone (If Market Drops Further):
🔹 1.28848
Overall Bias:
📉 Bearish – I’ll be focused on selling opportunities unless the market structure shifts significantly.
Patience is key. Let’s see how the market develops this week.
💬 What’s your bias for next week? Let me know in the comments. 👇
#ForexTrading #MarketOutlook #GBPUSD #TradingPlan
Last week, we saw GBP/USD make a bullish push early in the week, forming a high on Wednesday before reversing and breaking structure on the 4H time frame.
Key levels of 1.29512 and 1.29105 were taken out, signaling a potential shift towards a bearish move.
Next Week’s Expectations
I’m anticipating a retracement before continuation, and I’ll be watching for selling opportunities at key levels.
📍 Potential Sell Zones:
🔹 1.29622 (High-interest POI, higher probability of forming)
🔹 1.29794
🔹 1.29893
📍 Potential Buy Zone (If Market Drops Further):
🔹 1.28848
Overall Bias:
📉 Bearish – I’ll be focused on selling opportunities unless the market structure shifts significantly.
Patience is key. Let’s see how the market develops this week.
💬 What’s your bias for next week? Let me know in the comments. 👇
#ForexTrading #MarketOutlook #GBPUSD #TradingPlan
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.
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.