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GBPUSD : Current Situation & Technical , Fundamental View

British Pound / U.S. Dollar (FX:GBPUSD)  
benny_marshall  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Wave Analysis Fundamental Analysis gbpusdshort GBPUSD gbpusdanalysis gbpusdsignal gbpusdtrade gbpusd_forecast gbpusdsetup gbpusdidea gbpusdsell
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trendanalysis waveanalysis fundamental gbpusdshort gbpusd gbpusdanalysis gbpusdsignal gbpusdtrade gbpusd_forecast gbpusdsetup gbpusdidea gbpusdsell
#GBPUSD


- Currently the MARKET SENTIMENT for GBP is on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be DOWN due to MARKET RISK OFF. It affects the POUND greatly. GBPUSD may be slightly UP after this DOWN.

- Definitely, GBPUSD can go up to the high RESISTANCE LEVEL. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. But GBPUSD can go up to 1.1854 LEVEL.

And after that the market can go DOWN, GBPUSD can SELL to the 1.1500 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
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