I was monitoring 
GBPUSD developments as of late, it was clear to me sentiment had reached a historical extreme and this pair was due for a rebound, which eventually happened. I didn't catch much of it, and watched for developments in weekly scale, as the sideways action in the daily become too lengthy...
Last Friday, we had confirmation from the weekly chart that the bottom was in, which brings a substantial opportunity, reward to risk and probability wise.
If this idea is correct, then we can expect a large scale
DXY reversal (also confirmed by DXY itself, and the bond market, as well as the 'Barron's magazine cover' indicator having flashed at the top), which suggests GBPUSD can rally for months to come, and easily retest the range of the Brexit vote: 
Maybe a decent time to scoop UK real estate I guess...
Best of luck!
Cheers,
Ivan Labrie.
GBPUSD developments as of late, it was clear to me sentiment had reached a historical extreme and this pair was due for a rebound, which eventually happened. I didn't catch much of it, and watched for developments in weekly scale, as the sideways action in the daily become too lengthy...Last Friday, we had confirmation from the weekly chart that the bottom was in, which brings a substantial opportunity, reward to risk and probability wise.
If this idea is correct, then we can expect a large scale
DXY reversal (also confirmed by DXY itself, and the bond market, as well as the 'Barron's magazine cover' indicator having flashed at the top), which suggests GBPUSD can rally for months to come, and easily retest the range of the Brexit vote: Maybe a decent time to scoop UK real estate I guess...
Best of luck!
Cheers,
Ivan Labrie.
Nota
So far, so good, now trend continuation: 
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
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Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.