Hello traders, Here's my point of view about 
GBPUSD
TECHNICALLY:
From now We've seen a massive bearish momentum last week. This was due to a shift in the US dollar momentum as traders digest the first rate cut of the year. As long as US DOLLAR INDEX remains bullish then there are high chances that the H4 ORDERBLOCK in red holds.
I am bearish as long as dollar is bullish & the H4 orderblock holds. As long as we stay below that area we might reach the previous weekly low.
FUNDAMENTALLY
a change in the US DOLLAR SENTIMENT can invalidate the setup! However, if we stick with the same tone, then US will likely continue bullish in GBPUSD bearish.
You may find more details in the chart!
Thank you and Good Luck! MAKE SURE TO STAY STRICT WITH YOUR RISK MANAGEMENT!
PS: Please support with a like or comment if you find this analysis useful for your trading day.
GBPUSD TECHNICALLY:
From now We've seen a massive bearish momentum last week. This was due to a shift in the US dollar momentum as traders digest the first rate cut of the year. As long as US DOLLAR INDEX remains bullish then there are high chances that the H4 ORDERBLOCK in red holds.
I am bearish as long as dollar is bullish & the H4 orderblock holds. As long as we stay below that area we might reach the previous weekly low.
FUNDAMENTALLY
a change in the US DOLLAR SENTIMENT can invalidate the setup! However, if we stick with the same tone, then US will likely continue bullish in GBPUSD bearish.
You may find more details in the chart!
Thank you and Good Luck! MAKE SURE TO STAY STRICT WITH YOUR RISK MANAGEMENT!
PS: Please support with a like or comment if you find this analysis useful for your trading day.
Сделка закрыта: достигнута тейк-профит цена
MANAGE YOUR RISK
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
MANAGE YOUR RISK
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.