GBPUSD - Bearish continuation ✅
Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are on profit, as I said in my previous analysis price filled the imbalance and rejected from bearish order block. I see price to go lower to take sell side liquidity
Fundamental analysis: This week we have a lot of news on USD, on Wednesday will be released monthly PPI followed by FOMC Meeting and on Thursday monthly and yearly CPI. I expect we can see a decrease on CPI, which means strength of currency. As well, on Thursday will be released monthly GDP on GBP, if the result is lower than forecasted it means weakness of currency.
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‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are on profit, as I said in my previous analysis price filled the imbalance and rejected from bearish order block. I see price to go lower to take sell side liquidity
Fundamental analysis: This week we have a lot of news on USD, on Wednesday will be released monthly PPI followed by FOMC Meeting and on Thursday monthly and yearly CPI. I expect we can see a decrease on CPI, which means strength of currency. As well, on Thursday will be released monthly GDP on GBP, if the result is lower than forecasted it means weakness of currency.
Like, comment and subscribe to be in touch with my content!
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🌶 SpiceProp presents the offer with a 5% discount for any challenge.
🎁 Discount Code - SNICK5
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