GBPUSD has maintained its BULLISH momentum since FEB 04 and has created a new HH taking away all the LIQUIDITY above.
GBPUSD looks bullish in MONTHLY, WEEKLY AND DAILY yet we look at the 4H levels which has to be mitigated and, As we expected GBPUSD has been performing the same.
1) DXY is bearish from last weekend as expected, Being the powerful...
GBPUSD as we expected has rejected from 1.36600 after taking all the liquidities from the lower side and shot up all the way up on the event of 04/02/2021.
As discussed GU retained its BULLISH Momentum and DXY was BEARISH from Yesterday 05/02/2021 after the NFP was out which again was expected by us.
GBPUSD on Weekly, Daily looks Bullish and We expect TWO...
GBPUSD being testing the 1.37500 key zone consistently and has failed to breakthrough. This week the possibilities are high to breakout that key level once the liquidity from the lower level is taken out.
1) GBPUSD is Re-Accumulating from past 1 week taking out all the early buyers and the sellers.
2) Overall Trend: Bullish in 1D, W and M TF
We are looking for a massive short setup in Gold vs US Dollar. Kindly look the analysis in the chart.
Gold is facing selling pressure already and for past 2 days Gold had been taking away early shorter from the game. Be aware of any liquidity spikes.
Disclaimer: We are not liable for any losses occurred while taking this setup. Plan your own risk management.
GBPUSD has retested its weekly resistance and is showing weakness. GBPUSD is all set for a 120 Pip drop. DXY is strengthening. Keep an eye on the Liquidity hunt.
Disclaimer: We are not liable for any loss occurred while taking this setup. Plan your own risk management.