GBPUSD weekly update 14-18.11.22

2022년 11월 12일

Last forecast you can see here:

GU moves in bullish channel. I am expecting to continue higher, after a retracement. The dollar is going down and this is another confirmation for bullish momentum.


SMT Divergence



The bullish direction is for now confirmed, because there is no SMT Divergence


Interest Rates



England is not much behind US, but the inflation is much much bigger. This lead me that GB will continue to increase the rates and if FED turn dovish this pair will continue up.