GBPUSD Forex cross pair supply and demand analysis forecast
GBPUSD Forex cross pair bullish forecast November 2019.
There is a strong weekly demand imbalance created on GBPUSD Forex cross pair around 1.2414 . Only longs area allowed in an uptrend, no shorts allowed, as simple as that. There are only three trading decisions to be made every time we look at a chart, either we buy, we sell or we do nothing. In this case we should be taking action since we have very strong impulse, selling is not possible so the only direction we should be thinking of trading is longs, bullish bias and forecast for GBPUSD Forex cross pair.
There is a strong weekly demand imbalance created on GBPUSD Forex cross pair around 1.2414 . Only longs area allowed in an uptrend, no shorts allowed, as simple as that. There are only three trading decisions to be made every time we look at a chart, either we buy, we sell or we do nothing. In this case we should be taking action since we have very strong impulse, selling is not possible so the only direction we should be thinking of trading is longs, bullish bias and forecast for GBPUSD Forex cross pair.