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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 Technical Indicators Fundamental Analysis GBPUSD gbpusdanalysis gbpusdsignal gbpusdforecast gbpusdprediction gbpusddaily gbpusdforexsignal gbpusdelliottwave gbpusdfundamental
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trendanalysis indicator fundamental gbpusd gbpusdanalysis gbpusdsignal gbpusdforecast gbpusdprediction gbpusddaily gbpusdforexsignal gbpusdelliottwave gbpusdfundamental
#GBPUSD

- Currently the MARKET SENTIMENT for GBPUSD 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.

- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. But GBPUSD can go down till 1.1221 LEVEL.

And after that the market can go UP, GBPUSD can BUY to the 1.2003 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it. gbpusd
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