GBPUSD Weekly Forecast
- Expect DXY retracement down this week before the continuos of up trend
- look for GBPUSD sell setup from range level 1.39300 - 1.39600
- targeting to break previous structure low at level 1.38000
- may consider swing trade target at 1.36800 or below
- Expect DXY retracement down this week before the continuos of up trend
- look for GBPUSD sell setup from range level 1.39300 - 1.39600
- targeting to break previous structure low at level 1.38000
- may consider swing trade target at 1.36800 or below
Note
GBPUSD could be ready to come downThe down move could be sharp and fast
look for sell setup during DXY news event later
Note
Beware of coming up NFP GU could go up to hunt the high 1.39600 - 1.40200 before down
Note
GU direction has change to the upside as GBP is turning strong
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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.