Weekly Forex Forecast: GBPUSD Is Indicating Strength!

12월 1일

GBPUSD had a strong close to last week. This led to a bullish BOS on the Daily TF, in the Weekly -FVG. I expect there to be a short term reaction to the imbalance, and then a resumption of the bullish momentum at the bullish FVG on the Daily TF.

Check the comments section below for updates regarding this analysis throughout the week.

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12월 5일

노트

The +FVG held, supporting higher prices, per the forecast. The Previous Weekly High has been swept, and the Daily -FVG reached. What now? WIth NFP coming tomorrow, who knows! But I do expect a reaction to the -FVG and the swing high being swept. A short term pullback potentially.

12월 6일

액티브 트레이드

GBPUSD
We've tapped the Daily -FVG and reacted. Nice wick of respect. We'll see if we get the bearish follow through next week.
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