Get started
benny_marshall

GBPUSD : Current Situation & Technical , Fundamental View

British Pound / U.S. Dollar (FX:GBPUSD)  
benny_marshall  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Wave Analysis Fundamental Analysis GBPUSD gbpusdanalysis gbpusdsignal gbpusdforecast gbpusddaily gbpusdtechnicalanalysis gbpusdfundamental gbpusdelliottwave gbpusdprediction
2
0
trendanalysis waveanalysis fundamental gbpusd gbpusdanalysis gbpusdsignal gbpusdforecast gbpusddaily gbpusdtechnicalanalysis gbpusdfundamental gbpusdelliottwave gbpusdprediction
#GBPUSD

- Currently the MARKET SENTIMENT for GBP is on the DOWN SIDE. Due to MARKET RISK being ON, STOCKS and all MARKETS including STOCKS may be temporarily UP. It affects the POUND greatly. GBPUSD may be slightly UP.

- Definitely, GBPUSD can go up to the high RESISTANCE LEVEL. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. Accordingly, GBPUSD can go down to 1.2250 LEVEL.

And after that, if the TREND LINE is BREAKED, GBPUSD can SELL to the 1.1601 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. So keep an eye on it.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.