ProjectSyndicate

GBPUSD W1: IHS BULLS / +700 pips gains BUY/HOLD (NEW)

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD W1: IHS BULLS / +700 pips gains (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more upside/gains
short-term and mid-term as well. BUY/HOLD IT!

Feel free to review my outlook in DXY that I just
posted. Extemely bearish outlook, because US dollar
is losing value fast right now, because of the FED.
This will result in EURUSD hitting 1.2500+
and gold hitting 2500 USD + as early as August 2020.
Expecting massive volatility explosion soon.

🔸 Summary and potential trade setup
::: GBPUSD weekly chart review
::: super bullish outlook next 4-10 weeks
::: Dollar expected to lose mov
::: Inverted H&S setup
::: 3350 neckline of IHS setups
::: +700 pips gains for BULLS
::: BUY/HOLD it or BUY DIPS
::: strong upside next few months
::: TP BULLS is 3350
::: Recommended strategy: BUY/HOLD
::: big moves in FX next few months
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS

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