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gbp/usd reflection into week 16
British Pound / U.S. Dollar
gbp/usd reflection into week 16
By kevinandersonss
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Apr 12, 2020
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Apr 12, 2020
things i think could affect (and happen) in gbp/usd:
technical: pivot point bounce?, pitchfork median bounce?, bounced of a october 2019 low? reversal or indecision candle?
fundamental: Boris Johnson (PM) could get better/worse, virus cases could get better/worse, today (sunday) UK pledges 200M pound to stop second virus wave source: (
uk.reuters.com/article/us-health-coronavirus-britain-aid-idUKKCN21T0WU?taid=5e92d2d6dcc51500019ea94c&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter)
If it looks bearish or bullish im not sure about. I think it could either trade in a range, continue its bullish moves, or make a reversal.
technical i would say bullish but that indecision daily candle could say otherwise, fundamental im not sure at all
(do your own research before trusting mine)
Chart Patterns
Trend Analysis
kevinandersonss
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