TradingCyborg47

GBPUSD PREPARING FOR A BULL RUN

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hello Good People......Since June started, the bears have been having their moments with the latest FOMC where they made a killing. This pushed prices to KEY WEEKLY LEVELS and we are expecting a heavy reaction at that point before we continue with the bear run. AM expecting the price to create the HIGH OF THE WEEK ON the level 37500 before making a bull run to around 40800 0r 40500 Key levels. There is also a void to be filled at that area in the 4 Hr zone and it will be interesting to see how price behaves at that point. WE could continue with the Bull Run or the price could consolidate before making a Bearish Move up to levels never witnessed before.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.