GBP/USD - RIDE THE WAVE (STIMULUS PASSED)
Technical Overview: - GBP/USD
Check out our previous posted analysis -
Pound sterling is one of the most influential currency in the market
We had seen the dollar crumble for the past year giving pound the throne to the top along many other pairs.
This is one of the reasons why we were bullish and only buying the opportunities.
We have reached our target from a daily perspective however we are not quite there yet and believe will see more upside coming soon!
As anticipated we had seen price react to our buy zones from last week, giving buy opportunities.
Fundamentals - Senate has passed the stimulus bill, this means more printing of the US Dollar bringing price lower.
From a HTF - we are expecting to continue this bullish momentum continue in the meantime since we have tapped into this buy zone late in the week last Friday, we do see price continue lower possibly give better discounts leading to more buy potential
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Check out our previous posted analysis -
Pound sterling is one of the most influential currency in the market
We had seen the dollar crumble for the past year giving pound the throne to the top along many other pairs.
This is one of the reasons why we were bullish and only buying the opportunities.
We have reached our target from a daily perspective however we are not quite there yet and believe will see more upside coming soon!
As anticipated we had seen price react to our buy zones from last week, giving buy opportunities.
Fundamentals - Senate has passed the stimulus bill, this means more printing of the US Dollar bringing price lower.
From a HTF - we are expecting to continue this bullish momentum continue in the meantime since we have tapped into this buy zone late in the week last Friday, we do see price continue lower possibly give better discounts leading to more buy potential
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
