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Sunday, March 21, 2021

GBPUSD

GBPUSD

As I said last week ..exactly as I said last week GU hit the area of ​​the trend line from where it had a very high rejection that will continue in the next period until the area 37680 where it will have a small rebound and if it manages to break that area will go down 1000 -1200 pips in the coming months!

THIS WEEK...even if in the short term GU will make a range move in this area ... in the long term I will look for SELL!
As you can see in the 1 month chart GU has rejected from the trend line formed in the last 10 years that coincides with Ichimoku's cloud ... as I do not believe in coincidences in Forex I will continue to believe that we will have a descent to the 1.38 area and there right around 1.33!
However, with a closing even for a day over 1.38 I will look for Buy to the trendline and from there ... DOWN AGAIN!

NOTE: Starting this week I will try to highlight in parallel the chart for 1 week and the one for 1 month for a better accuracy of the analyzes


GREAT ATTENTION: This pair may be influenced in the short term by any news!
This pair may be influenced in the short term by any newsOur analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.


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