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Gbpusdforecast

GBPUSD | New perspectiveThe U.S. dollar strengthened as Treasury yields pushed to new highs amidst the political chaos in the UK and the week retail sales from the month of September are not bringing confidence to the Pound Sterling. Despite sinking to the lowest level in recent times and looking at it from a technical standpoint I am of the opinion that bullish momentum could be triggered if the price breaks out of the supply zone at the $1.14000 area in the coming week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. Due to MARKET RISK ON, all MARKETS including STOCKS and STOCKS can go UP at this time. It affects the POUND greatly. GBPUSD may be slightly UP after this session. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. But GBPUSD can sell until 1.1256 LEVEL. After that, you can BUY at 1.1787 LEVEL Be sure to pay attention to the UK GEOPOLITICAL STATUS. And after that, the market may SELL at the 1.0502 LEVEL and GBPUSD may SELL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
by benny_marshall
GBPUSD | Perspective for the new week | Follow-up detailsThis is a follow-up video to my previous analysis on the GBPUSD where we close the week with over 300pips profit (see link below for reference purposes). Since the price tested the $1.14000 area during the latter part of last week, we observed selling pressure which gives us a clue into the strength of the sellers at this juncture in the market. Despite expecting selling opportunities in the new week, I will keep an open mind as a possible bullish continuation is very possible from this juncture in the market. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
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GBPUSD | Perspective for the new week | Follow-upI still can not upload videos here on Tradingview; So for the GBPUSD video kindly visit my youtub channel for details. Please note that I will be dropping updates on this analysis in the comment section of this broadcast in the new week. Cheers! As inflationary pressures loom on the UK economy, the Bank of England Governor is hinting at their willingness to raise interest rates to meet the inflation target. How are the participants in this market going to react to this statement in the new week? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry