kieranchow

GBPUSD Weekly forecast for 3rd -7th Feb 2020

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Weekly forecast for 3rd -7th Feb 2020
- Last week expected this market to pullback towards ket area of support @1.2965 and this is what it did, this was the best area for entries with the lowest risk to reward ratio.
- Bulls took control from my zone @ 1.2965 all the way to my short term target @ 1.3075
- Furthermore hitting my target 2 @ 1.3170.
- Going into this week with looking at my target 2 from last week @1.3280
- For any new entries the healthiest place for low risk to rewards will be at previous retests of new support.
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My weekly forecast highlights the overall market trend with key levels to get an idea of the best targets in the upcoming week and weeks ahead! It's a projection of the market with technical/fundamental analysis and is to be used for ideas, entry point analysis is done on a daily basis for entries with minimal drawdown!
Every week Includes analysis for
CRUDE OIL / XTIUSD
GOLD SPOT/XAUUSD
Us dollar index/ DXY
USDJPY
EURUSD
GBPUSD
AUDUSD
NZDUSD
USDCAD
BTCUSD
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Telegram - o4rexcapital

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