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GBP/USD – Week 15 – Aiming for the support.As we anticipated in our last week's outlook, GBPUSD corrected and dropped from the liquidity pool finding some support around $1.3670. For this week, we expect the price to make another bullish attempt and re-test the “high-frequency area” before continuing its journey towards the bigger support area located at $1.3500. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by financialflagship
2
GBPUSD Shortsafter a long uptrend on the daily looks like were finally getting a pullback for the weekly. price retested after the break of structure but was creating structure as it was going to retest so looking for a retest of our retest which would be another pullback. price been resisting the 38.2 which was also the break of structure on the trending retest. does look like the 38.2 should hold but with a trendline being connected to the highs we can potentially make a third tap and find confluence with the 61.8 before dropping. market might simply go to that level or wick at it to take out sells from the 38.2
Short
by mrmua74
GBPUSDAs I said last week...as I said in the last weeks GU has already dropped 550 pips from the 1000-1200 I predicted! Even if he makes a range in this area and climbs again to 38700 ... I keep my idea of descending until he restores all W THIS WEEK...as I said last week GU climbed to the 38700 area and even to the 39,200 area from where he will continue the descent that we announced last week and of which he made only half! NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL! We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market. *This information is not a Financial Advice.
by BloomFX_SIGNALS