GBPUSD Based on hypothesis and Volume profile. Open interest of short increased. Longs are cooled off so weak to medium downward trend.
GBPUSD predictionAnalysis for GBPUSD: 26th june
Liquidity:
internal liquidity : N/A
external liquidty Yet to be taken
Volume profile: out of bulge.
VWAP : monthly Above fair value : +1
Propable move: buy. Can predict after confirmation.
Take your own risk. Analysis may be different in pov for market makers.
I have
GBPUSDAnalysis: 27th march
Liquidity:-(buyside)
Internal: taken
External: not yet
Volume profile:- (buyside)
in/out bulge: in
Bulge rejection: yes
VWAP:-
Quaterly St. deviation: 1(buy)
monthly St. deviation: 1-1.5 (buy)
Scenarios:-
i)buy most probability after taking liquidity.
ii)price may move sell
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of GBP/USD Futures is 1.2500 USD — it has fallen −1.57% in the past 24 hours. Watch GBP/USD Futures price in more detail on the chart.
The volume of GBP/USD Futures is 2.00. Track more important stats on the GBP/USD Futures chart.
The nearest expiration date for GBP/USD Futures is Dec 31, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell GBP/USD Futures before Dec 31, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For GBP/USD Futures this number is 51.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for GBP/USD Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for GBP/USD Futures. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of GBP/USD Futures technicals for a more comprehensive analysis.