📈 GBPUSD: balance termination as a priority for March 8-12
🌐 According to new CoT reports, the predominance of buyers increased by 7%.
📌Based on this, the main scenario for the development of events for the new trading week is a decline to the balance of the week (1.3703). and the likely suspension of the decline.
In this vein, selling off the day's balance (1.3936) will give an opportunity to jump into the departing train of sellers.
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📌Based on this, the main scenario for the development of events for the new trading week is a decline to the balance of the week (1.3703). and the likely suspension of the decline.
In this vein, selling off the day's balance (1.3936) will give an opportunity to jump into the departing train of sellers.
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Trade active:
📝 GBPUSD: will there be a test of the weekly balance?
🎯 The main scenario for today is a rebound from the limit buyer (1.3769) and a subsequent rise to the limit seller (1.3889).
🔥 The location above the current quotes of the daily balance level (1.3935) only confirms this.
⚠️ Further support for today is the weekly balance (1.3749), which will be tested if it consolidates below the limit buyer (1.3769).
🔥 The location above the current quotes of the daily balance level (1.3935) only confirms this.
⚠️ Further support for today is the weekly balance (1.3749), which will be tested if it consolidates below the limit buyer (1.3769).
Trade active:
💡 GBPUSD: upward trend remains
🔥 The closest support level as of Wednesday, March 10, is the limit buyer at 1.3838.
The main scenario of the development of events is a rebound from the specified support and a subsequent rise to the balance of the day (1.3933).
🎯 In case of breakdown and consolidation below the option level at the price mark 1.3838, the next target of decline is the weekly balance (1.3749).
The main scenario of the development of events is a rebound from the specified support and a subsequent rise to the balance of the day (1.3933).
🎯 In case of breakdown and consolidation below the option level at the price mark 1.3838, the next target of decline is the weekly balance (1.3749).
Trade active:
📣 GBPUSD: will we hit the market border this week?
💠 During the European premarket, the cable quotes have been trading above the option level 1.3933.
📈 The main scenario is an increase to the upper border of the daily balance (1.3990).
The further target for the increase for the current week is the market maker's loss level (1.4010).
📈 The main scenario is an increase to the upper border of the daily balance (1.3990).
The further target for the increase for the current week is the market maker's loss level (1.4010).
Trade active:
📝 GBPUSD: Market Maker Resistance Not Reached Yet
💡 The closest target of growth for today is the option balance of the day, which is located at the price mark 1.3990.
The ultimate target of the increase before the close of the trading day is the loss level of the market maker (1.4010).
⚠️ During the American session, we expect a correctional decline towards an increase in the market maker's profit with the nearest target - the option balance of the day (1.3932).
The ultimate target of the increase before the close of the trading day is the loss level of the market maker (1.4010).
⚠️ During the American session, we expect a correctional decline towards an increase in the market maker's profit with the nearest target - the option balance of the day (1.3932).
