Upside potential is clear, easily past the 1.33000s. Attempt to use any pullback this week (especially any around the BoE) to position swing buys.
Further downside is all but guaranteed after the break of the 108 level last week. However, this may come after a brief recovery. Watch the trendlines for entry opportunities. (Quick note: Even if we do see a recovery, a double bottom or inverse head and shoulders will likely need to form on the 4hr before this can happen. Only assume bullish moves to the next...
The daily chart tells you all you need to know here. Further downside potential will be constant until that major trendline is reached. This is an easy sell long term until the 107s, or even maybe the 106s.
Long term, this is still going up. Buy on dips. Low lot size swing trades.
Expect GBPUSD to rise this week. Perhaps from this point, or perhaps after one more slight dip (not a fresh low).
Situation is the same as always lately. Buy on dips.
We're likely about to see a bearish flag play out, unless data comes in strong for the USD on Friday.
Much the same story as GBPUSD. You may be able to catch a sell, but I advise to only do so on clear trendline breaks/retests. Long term, this will still be a buy. Just likely has a large dip incoming.
Easiest trade of the week. Swing buy. Should be a trade for hundreds of pips profit.
Bearish momentum apparent. Sell on head and shoulders or trendline retest.
Only trade trendlines and breaks of trendlines this week. Anything else is risky.
Look for this order block to be respected. If that doesn't work, watch for longs at the major trendline.
Look for retests of that order block/trendline break this week. This is likely the last opportunity for bulls before this heads up towards 1.15000 and then 1.16000.
Overall I hold bullish bias for this pair at the moment. However, I wouldn't be surprised to see some fairly strong bearish pushes along the way. Watch the key trendlines and support/resistance points.
Like EURUSD, a buy on dips situation. May see significant resistance just after making a clean high when it hits that trendline. Watch the listed resistance/support points to help form your buying plans.
Certainly a buy on dips situation. Watch the marked support points for potential buy opportunities.
I expect the RBA to be neutral/slightly dovish in their rate statement this week. With AUDUSD at the trendline it's now held for over one year, I expect another push down from here. If this breaks, who knows where this pair will end up.