10/03/22 FORECAST FOR WEEK 1 MARCH 2022 IS = 50/50 (Based on day and week misalignment) COMBINED FORECAST FOR MARCH 2022 = BEAR (Based on week and month alignment)
DAYS WEEK 2 OF MARCH FORECAST WAS = NO ASSESSMENT PROBABILITY OF DAYS FOR WEEK 3 MARCH = BEAR
This week 2 of march opened and immediately broke the sideways support line. This currency has a high probability of a long term bear rally
WEEK WEEK 2 OF MARCH FORECAST WAS = NO ASSESSMENT PROBABILITY FOR WEEK 3 MARCH = BEAR
Week 2 broke clear of the previous resistance/support line around 1.33. A solid bear candle, little to no tails. Volume substantial. The OBV has a nice downward trend.
MONTH FORECAST IN JAN FOR FEB = BEAR = ACCURATE FORECAST IN FEB FOR MARCH = BEAR
GBPUSD is in trend sideways range, it is a sizeable range. Current the trend has turned from its high of 1.41 and now trending toward the 1.21 range. The bear candles for Jan and Feb support the bear continuation. Volume for Feb is higher than Jan, it supports a bear continuation. The OBV is in alignment with the candles
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