GBPUSD NeutralTime Frame: 4H
Symbol: GBPUSD
Bias: Neutral
The investigation of dynamic help and obstruction shows a tight reach and the cost is swaying between two limits yet the instability factor is low. To that end we can't anticipate a high possible exchange from the ongoing cost setting. Taking into account the cost design we can expect some cost move from help to opposition and protection from help.
Gbpusdneutral
(GBPUSD) Wed, 23 November 2022 SetupOANDA:GBPUSD
GBPUSD Neutral bias
Status: Open short position and waiting for breakeven confirmation
What do I see?
- VIX could go bullish as it's on its major Daily low, resulting in USDCHF going bullish.
- Low volatility as the market waits for Durable Goods Orders MoM, New Home Sales, and FOMC Minutes report.
- Could result in a sideways market in the long run, as people couldn't conclude the direction of the market. Technically speaking both the bulls and the bears are equally strong right now, so let's see how the reports would go.
What I would do?
- If the reports got a bullish response, I'll go for breakeven and reconsider going bullish. vice versa.
Happy Trading! Good luck!
(GBPUSD) Thu, 17 November 2022 SetupOANDA:GBPUSD
GBPUSD Neutral bias.
Status: Waiting for confirmation
What do I see?
- Traders are waiting for Building Permits Prel and Housing Starts Report. As the market is aspected to go sideways, both of those reports could impact significantly our next decision regarding the direction of the market.
- The market is biased both ways, creating a liquidity pool.
What I would do?
- Wait for Building Permits Prel and Housing Starts Report.
Happy Trading! Good luck!
GBPUSD NeutralTime Frame: 4H
Symbol: GBPUSD
Bias: Neutral
The current price pattern of this pair is showing a weak market condition. The dynamic support and resistance also not displaying any edge to go for a strong trading opportunity. Considering the current volatility and the oscillations in the market , we have tactfully projected the trade set ups.
GU Has Resumed Going Up: Check It Out In The ChartProbably, the pattern you see in the chart above could appear. If it forms, then it's a great sign of the GU bullish continuation. That is the H1 timeframe. Look at the Bullish engulfing continuation that has formed. I expect this pair to continue moving up to 1.1583 the moment it breaks 1.1515, the current level that the price is trying to break. Look at the trendline and the horizontal lines: these are expected to be broken to the upside if our buying decision would be considered ideal and profitable. Watch out for more update.
GBPUSD NeutralTime Frame: 4H
Symbol: GBPUSD
Bias: Neutral
The pond and greenback is not in a perfect bond now. They are not in any fierce opposition. One is respecting other and keeping themselves aloof in quietness. There is no strong surge to overrule any directional bias and therefore we do not see any signals now.