In contrast to EURUSD, the GBPUSD chart reflects a double top or flat rather than a head-and-shoulders pattern. However, unlike DXY and EURUSD, GBPUSD hasn’t broken below its neckline, maintaining a bullish bias as RSI continues to show positive momentum.
• Upside Scenario: If the pair breaks above the 1.3345 high, the next targets are 1.3380, 1.3400, 1.3440, and 1.3500, in the direction of the duplicated channel confirming the possible consolidation as a flat.
• Downside Scenario: A break below the neckline and 1.3200 support could trigger a decline toward 1.3080, confirming a double top formation on the pair.
Volatility catalysts for this week range between the FOMC Outlook and BOE Meeting, between Wednesday and Thursday, following their respective rate decisions
Written by Razan Hilal, CMT
• Upside Scenario: If the pair breaks above the 1.3345 high, the next targets are 1.3380, 1.3400, 1.3440, and 1.3500, in the direction of the duplicated channel confirming the possible consolidation as a flat.
• Downside Scenario: A break below the neckline and 1.3200 support could trigger a decline toward 1.3080, confirming a double top formation on the pair.
Volatility catalysts for this week range between the FOMC Outlook and BOE Meeting, between Wednesday and Thursday, following their respective rate decisions
Written by Razan Hilal, CMT
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。