GBPUSD : Current Situation & Technical , Fundamental View
⛔️ There was also a very important story for GBP yesterday. But Ai could not make such an impact. Anyway, with the USD STRONG yesterday, GBPUSD is selling. Although there was no HIGH IMPACT NEWS related to GBP this week, there are some very important news for the USD to come. Here are some of them. JOLTS job openings, CB consumer confidence, ADP - non farm employment change, FINAL GDP q / q, crude oil inventories, Core pce price index, ism manufacturing index, NFP.
⛔️ DXY is currently at 99.09 LEVEL. Also the GBP FEATURE stays at 1.3090 LEVEL. GBPUSD PRICE is slightly lower than DYNAMIC S / R LEVELS. Maybe DYNAMIC S / R LEVELS can be UP before moving further. Then the PRICE can be SELLP in the form of a STRUCTURE.
⛔️ Currently the OVERALL MARKET is in a RISK OFF condition. But in the future most likely the MARKET RISK will be ON at the LONDON SESSION. So stay tuned for that. We will give you an UPDATE about it in the LONDON SESSION.
⛔️ GBPUSD PRICE can PULLBACK and REJECT until DYNAMIC LEVELS. Then the DOWN TREND may be CONTINUE again.
⛔️ GBPUSD PRICE can be UP to 1.3192 LEVEL before DOWN. Then you can DOWN to 1.2905 LEVEL. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. Stay tuned for USD VOLATILITY on Thursdays and Fridays.
⛔️ DXY is currently at 99.09 LEVEL. Also the GBP FEATURE stays at 1.3090 LEVEL. GBPUSD PRICE is slightly lower than DYNAMIC S / R LEVELS. Maybe DYNAMIC S / R LEVELS can be UP before moving further. Then the PRICE can be SELLP in the form of a STRUCTURE.
⛔️ Currently the OVERALL MARKET is in a RISK OFF condition. But in the future most likely the MARKET RISK will be ON at the LONDON SESSION. So stay tuned for that. We will give you an UPDATE about it in the LONDON SESSION.
⛔️ GBPUSD PRICE can PULLBACK and REJECT until DYNAMIC LEVELS. Then the DOWN TREND may be CONTINUE again.
⛔️ GBPUSD PRICE can be UP to 1.3192 LEVEL before DOWN. Then you can DOWN to 1.2905 LEVEL. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. Stay tuned for USD VOLATILITY on Thursdays and Fridays.