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 British Pound Futures (Dec 2024) is 1.2525 USD — it has fallen −0.60% in the past 24 hours. Watch British Pound Futures (Dec 2024) price in more detail on the chart.
The volume of British Pound Futures (Dec 2024) is 122.78 K. Track more important stats on the British Pound Futures (Dec 2024) chart.
The nearest expiration date for British Pound Futures (Dec 2024) is Dec 16, 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 British Pound Futures (Dec 2024) before Dec 16, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For British Pound Futures (Dec 2024) this number is 213.74 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for British Pound Futures (Dec 2024) 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 British Pound Futures (Dec 2024). 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 British Pound Futures (Dec 2024) technicals for a more comprehensive analysis.