GBP USD
Updated
Hi Guys,
I hope you guys receiving some PIPS as per my previous chart.
However, we would not achieve the final target as per my previous chart because of USD strength. Whenever, you take some PIPS and Price will go back to the entry point, you should instantly close the deal .
Please don't give back the profit and most of the analysis is based on the strength at a particular time, the FX market is operated by the NEWS and whenever we have UPDATED NEWS, the analysis may not be available.
It's time to think about what we may have for next week .
I would predict the chart as some reasons below:
1/ The USD is now increasing its strenth as the intention of trade ware is now alarmingly intensifying
2/ The price are in the FiboCluster Zone Fibo 38.2 and recently touched the EMA 20 .
3/ Volume goes down and the lower timeframe shows some innitial weakness.
Happy trading :)
I hope you guys receiving some PIPS as per my previous chart.
However, we would not achieve the final target as per my previous chart because of USD strength. Whenever, you take some PIPS and Price will go back to the entry point, you should instantly close the deal .
Please don't give back the profit and most of the analysis is based on the strength at a particular time, the FX market is operated by the NEWS and whenever we have UPDATED NEWS, the analysis may not be available.
It's time to think about what we may have for next week .
I would predict the chart as some reasons below:
1/ The USD is now increasing its strenth as the intention of trade ware is now alarmingly intensifying
2/ The price are in the FiboCluster Zone Fibo 38.2 and recently touched the EMA 20 .
3/ Volume goes down and the lower timeframe shows some innitial weakness.
Happy trading :)
Note
BUllish sentiment is domimant now. We could not reach the second ArrowI hope you guys take some profit with the first arrow
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