JunBred

GBPUSD OCT 23 - DEC 23' Finally Yearly Re-Cap.

FX:GBPUSD   British Pound / U.S. Dollar
Grand rising to all Traders.

This was a great year for applying my ideas to trading view & the market. This is also my 1st year of journaling my ideas which play a significant role in my trading this year. All said and done, I'm back with the final Re Caption for GBPUSD for the 4 quarter of 2023. (OCT23"-DEC23').

The overall trend for GBPUSD has been Bearish since the beginning time & of year Jan 2023. For OCT till late Nov, GBPUSD went on a Bullish run for those 8 weeks. Then Price reach yearly highs of 1.2700. After price 1.2700 made a strong rejection in that area. then retrace back to down the original yearly downtrend. I expect price to plummet down to 1.1800 by March 2024.

My prediction is to take long term sells at any price below 1.2700. Take long term buys at any price close to 1.1800 as predicted at the beginning of this year.

See you all next year!


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