GBP/USD – Week 20 – Bullish sentiment to resume.
As we anticipated in our last week’s outlook, GBPUSD started to drop from the channel upper line.
For this week, we expect the price to break the top, but not in a straight line. This move could turn out to be very slow.
Keep an eye on Wednesday’s UK Consumer Price Index data as it could create some volatility.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
📢Check out our:
📹YouTube channel: https://www.youtube.com/channel/UCCuNa5RtvO5L0XibdSOBz8Q
🌍Website: https://www.finflagship.com/
For this week, we expect the price to break the top, but not in a straight line. This move could turn out to be very slow.
Keep an eye on Wednesday’s UK Consumer Price Index data as it could create some volatility.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
📢Check out our:
📹YouTube channel: https://www.youtube.com/channel/UCCuNa5RtvO5L0XibdSOBz8Q
🌍Website: https://www.finflagship.com/
Trade closed: target reached
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