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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.