GBPUSD Weekly forecast for 24th-28th Feb 2020
- Last two weeks we have been bearish in GU we Reached my second sell zone and done a healthy drop missing my target 1 @ 1.2810 by 40 pips
- Overall around a 200 pip move from my key sell zone last week
- Going into this week staying on the bearish wave, We can see the week eneded with market correcting itsself and...
GBPUSD Weekly forecast for 10th-14th Feb 2020
- Last week we mived bearish towards my key pullback levels following further lows from these levels set.
- Starting this week below broken support turning resistance so have a potential bearish bias with my key levels for any pullbacks in mind as well at previous broken support.
- First potential target set @1.2810...
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.
GBPUSD Weekly forecast for 27th-31st Jan 2020
- GBPUSD Hit target 1 @1.2965 after market opened
- Health pullback back to my sell zone as expected @ 1.3075
- Watching market with bearish bias due to confluence unless this level can be broken with strong price action.
- The dollar index will be used for confluence for the next moves of GU, Gold and...
GBPUSD Weekly forecast 20th - 25th Jan 2020
- Going into this week, just underneath broken support turning resistance 1.3075 area
- Market is bearish overall so best risk to reward for new entries will be at the previous broken support.
- If confirmations are strong the first target will be at 1.2965, if price can break this area target 2 will be at...