MICHAELWINS91

MICHAELWINS91

Chart comes from buy side liquidity, trend established reaching support level, waiting for break of support line, retest and trend continuation to sell side liquidity.

MICHAELWINS91

A double formation has formed on monthly chart which suggests a sell position.

MICHAELWINS91

Technical: GBP/USD has fallen off last week BOE Interests, its hovering 1.338. If sentiment is good, GBP will break past resistance 1.33531 and we will se new lows. Sentiment: Market investors expect good out of Michigan for USD despite high inflation, job retention and higher fuel costs, this will push GBP/USD down.

MICHAELWINS91

Technical Analysis; January 1st 2021 - Present. I see major resistance and support lines coloured in red, while overall current trend in 2nd half of year is down, ( psychological levels ) - major support broken in orange lines detailed round numbers, I see slight pushback coloured in green arrows. Fundamental analysis: Bank Of England decision to not change...