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Saturday, May 15, 2021

πŸ‘‰ GBPUSD: pick priority for 17-21.05.2021.

πŸ‘‰ GBPUSD: pick priority for 17-21.05.2021.

GBP/USD OANDA:GBPUSD

🌐 The increase in the outperformance of buyers by a third on the new CoT reports further confirms the true nature of the rise.
Market volume is up 16%, which means we have great upside potential.
✍️ A slight increase in locked positions by 1% confirms the assumption of a likely flotation of the asset quotations within the price corridor during the first half of the new trading week.
In case of a successful test of the balance of the week (1.4045) and an important option level at 1.4020, we expect a continuation of the upside with a medium-term target of 1.4226, where the market maker's loss is located.
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