Gu
GBPUSD Overview week commencing on the 13th Dec. 2021Weekly Chart - bullish momentum (not very significant candle)
Daily Chart - Daily chart in a downtrend, broke previous level of support and trend-line also. Previous candle bullish engulfing.
H4 Chart - A lot of indecision, however downtrend is still being maintained last fib being respect 61.8%.
30m Chart - break of minor level of support (watch out for potential of range), would like to see a retracement to a fib level and resistance point before taking a short position
Weekly outlook for Major Forex Pairs Hi Folks!
This is my outlook on some major forex pairs that i trade for the upcoming week.
Please have a tea and some snacks and enjoy my video and prepare your charts for the upcoming week with me.
This video is just for educational purpose, not financial advice, please DYOR before taking any trades.
If u like please hit the Like and Subscribe.
GBPUSDAs i said in the last week... "as I have been saying since May 15 ... As with EJ, GU consisted of the same patern W and 1 week chart and 1 month chart what makes me prepare for Sell 700-1000 Pips as I say for a few weeks!
If we look into the left on the one-month chart you will see that even if it closed below level 1.42, Gu has climbed up to Zone 1.43700 before he descends 2300 pips!
This week I will look for Sell but a possible closure even on 1 day above Level 1.42 will make it 150-200 pips and from there Sell minimum 700 pips!"
THIS WEEK...GU made the first drop of 700-1000 pips as I told you a few months ago ... it has passed the number 2 target and is heading towards the number 3 target!
However ... I expect a retreat move to around 1.35500 before a new descent!
Pay close attention to the news about the new coronavirus ... it can cause big manipulative movements
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
MORE LIVE TRADING: AU, EU, AND GU Sharing more live content. Limited commentary as I am trying to focus on seeing if we have setups. I was analyzing GU for the majority of the morning and it is not moving correctly. It is aggressively swinging and no clean set ups present. I was also waiting for EU to present a move and missed it by missing the last high/low area. Missed two 11RR longs/hedges from the 5s. Hopefully I can find something else prior to my work day. Not seeing anything on AU right now.
GBPUSD Hi there. As u can see we got our range and we got external OBs as well as one internal OB which was created after BOS inside of the asian Range.
This is not financial advice DYOR before taking any actions. Carefully watch those levels. U can go to lower TF and look for confirmation entry. But most of the times price will just spike to those levels and revers.