harisonhbn9718

Overview Market Analysis: Great Britain Pound still bullish!!!

Long
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
In this macroanalysis, we see that Pound still bullish against the U.S. Dollar and then, the inflation of the U.S. Dollar it's another siganl that FED ccontinue unstable the U.S. policy market. That it's a big warning to invest in United States, as the correlation on Bitcoin it's the same of Great Britain Pound that continue bullish. So, we are in the bearish cycle for the U.S Dollar and bullish cycle for the Great Britain Pound.

Now, looking in weekly update, I put a new important key trend line support that Pound still bullish. My next target will be the $1.43 USD. That it's so amazing to know it and put a long position in GBP/USD with good lots to make near of 800 pips.

But,if you're looking in monthly chart, the trend on Pound it's so bullish and I have a forecast that Pound could reach up toward the $1.62 USD.

What do you think about this overview? Could Pound continue agains the rival U.S. Dollar, and America could to have an issue to collapse the economy based in the more inflation?

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.