GBPUSD : Current Situation & Technical , Fundamental View
#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. Due to MARKET RISK ON, all MARKETS including STOCKS and STOCKS can go UP at this time. It affects the POUND greatly. GBPUSD may be slightly UP after this session.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. But GBPUSD can sell until 1.1256 LEVEL. After that, you can BUY at 1.1787 LEVEL
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
And after that, the market may SELL at the 1.0502 LEVEL and GBPUSD may SELL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
- Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. Due to MARKET RISK ON, all MARKETS including STOCKS and STOCKS can go UP at this time. It affects the POUND greatly. GBPUSD may be slightly UP after this session.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. But GBPUSD can sell until 1.1256 LEVEL. After that, you can BUY at 1.1787 LEVEL
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
And after that, the market may SELL at the 1.0502 LEVEL and GBPUSD may SELL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.