GBPUSD Possible Scenario
GBPUSD is oscillating between two zones. Based on the analysis of DXY, I anticipate a bullish trend for the pound in the upcoming weeks
Observing its response upon reaching the demand zone is crucial, but pinpointing a precise zone remains challenging due to the influx of significant USD-related news that is bound to impact this pair
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Observing its response upon reaching the demand zone is crucial, but pinpointing a precise zone remains challenging due to the influx of significant USD-related news that is bound to impact this pair
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Trade closed: target reached
Both the supply zone and demand zone are being respected. Now, the chart has become somewhat unclear for me due to the presence of two strong liquidity zones in higher time frames. Predicting the initial movement in this week, which is filled with significant news, is challenging
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Join for short-term setup/signals:
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Join for short-term setup/signals:
t.me/BIAXAR 🚀📈
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.
Your mindset shapes your profits
Join for short-term setup/signals:
t.me/BIAXAR 🚀📈
Join for short-term setup/signals:
t.me/BIAXAR 🚀📈
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.