GBPUSD CURVE ANALYSIS (18H)SLO @ 1.3085 ⏳
TP5 @ 1.3045
TP4 @ 1.2960
TP3 @ 1.2815
TP2 @ 1.2725
TP1 @ 1.2585
BSO @ 1.2475 ⏳
BLO1 @ 1.2455 📈
BLO2 @ 1.2325 ⏳
After a +600 pips profit towards the downside, we are ready to rock towards the upside again.
Pound
GBPJPY H4 | Approaching pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target.
Entry: 185.660
Why we like it:
There is a pullback support level
Stop Loss: 184.474
Why we like it:
There is a pullback support that lies underneath the 78.6% Fibonacci projection level
Take Profit: 187.490
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Double top on GBP/JPY at key resistanceThe Japanese yen may have weakened following the BOJ’s latest ‘non decision’ regarding monetary policy, but markets clearly weren’t surprised enough for it to extend its bearish moves today. Not a single xxx/JPY pair managed to break above its cycle highs, and momentum is now turning lower on these pairs to show a strengthening of the yen.
But what has caught our eye is the double top on the GBP/JPY daily chart, as it has stalled around the December 2015 high. Also note that the GB-JP 2-year spread is also quite low relative to spot GBP/JPY, and it makes us wonder if GBP/JPY has risen too far, too soon.
The 1-hour chart shows that momentum has turned lower in the first half of Wednesday’s Asian session. Prices are trading beneath the 50-dar EMA and daily pivot, so we would consider shorts below 118.20 for an anticipated move to the weekly pivot around 187.25 – although the cycle lows or daily S1 between 187.32 – 187.40 could also be considered.
A break beneath the weekly pivot point assumes a deeper retracement is playing out on the daily chart.
GBPUSD LONGA Confirmed entry. You can manage your trade via SL Trailing.
scalpers can have good returns. As the price will reject first and then will continue upwards.
Price is currently approaching a good demand zone. Happy Trading.
GBPJPY,🔴It looks bearish🔴
We can see that the price shifted the structure and we are in a bearish market now.
The price created a lower low and mitigated all the supply zones, finally, the price created liquidity below the bearish order block and had a bearish reaction after hitting this zone.
For more confirmation, we need 15 minutes CHOCH. we can define 186.73 as the first target, and then the price fills the FVG.
💡Wait for the update!
🗓️05/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
GBPJPY H4 | Rising into 50% Fibonacci resistanceGBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 186.901 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 187.750 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 185.225 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD LONGAs pound has taken a good impact of the news, hence, came to a demand zone, simple go long from here for some green pips as the price is currently following an upward trend.
Happy Trading
GBP/USD:Unraveling the Impact of UK Wage Growth DataGBP/USD:Unraveling the Impact of UK Wage Growth Data
The Pound Sterling finds itself at a crossroads following the release of disappointing UK wage growth figures for the quarter ending November. Despite steady employment levels, the looming economic challenges cast a shadow on the currency's performance. A risk-off sentiment prevails, further intensified by concerns over UK inflation data, keeping the Pound Sterling under pressure.
Market Response:
During Tuesday's European morning session, the GBP/USD took a step back as the UK Office for National Statistics (ONS) unveiled a slowdown in Average Earnings data for the three months leading up to November. This unexpected deceleration adds to the complexity of an already challenging economic landscape.
Economic Challenges:
The UK economy faces the ominous prospect of a technical recession, with the ONS reporting a contraction in the third quarter of 2023. The Bank of England (BoE) shares a cautious outlook, expressing less confidence in any growth during the final quarter of 2023. Factors such as higher interest rates and an escalating cost-of-living crisis contribute to the prevailing economic uncertainty.
Technical Analysis:
Examining the GBP/USD from a technical standpoint, the price retraced to the Demand Zone around the 61.8% Fibonacci area. This area becomes particularly significant due to the confluence with the Supply zone and the presence of the dynamic trendline within the Bullish Channel. Additionally, the Stochastic indicator signaling an Oversold condition presents an intriguing opportunity for traders. This setting potentially offers a discounted buying opportunity, with an optimistic outlook for a price surge aligned with the ongoing Bullish trend.
Conclusion:
As economic challenges cast a shadow on the Pound Sterling's performance, traders and investors closely monitor the technical landscape for potential opportunities. The convergence of factors, including the economic headwinds, technical indicators, and the cautious stance of the BoE, shapes the narrative for the GBP/USD. How the Pound navigates these challenges will be pivotal in determining its trajectory in the coming sessions.
Our preference
Long positions above 1.25350 with targets at 1.2750 & 1.2850 in extension
GBP/USD Reacts Bullishly Amidst Retracement and Central Bank...GBP/USD Reacts Bullishly Amidst Retracement and Central Bank Caution
In line with our previous forecast, GBP/USD has undergone a retracement, finding support at the 61.8% Fibonacci level within a range area. However, the market remains cautious as investors and traders brace for upcoming interest rate decisions by the Bank of England (BoE) and the Federal Reserve (Fed) next week. Both central banks are expected to maintain their current monetary policies, but the focus will be on their guidance for interest rates throughout 2024.
Market Dynamics:
Despite the cautious sentiment, the GBP/USD pair displayed a robust response in the EU session, showcasing a strong bullish impulse. This morning's market activity suggests that traders are actively positioning themselves ahead of the central bank decisions.
BoE's Stance:
BoE policymakers are anticipated to abstain from discussions about rate cuts, given that the United Kingdom economy is grappling with significantly higher inflationary pressures compared to the United States. This distinction in economic conditions is a crucial factor influencing the central bank's decision-making.
Upcoming Data:
Before the Fed's interest rate decision, all eyes will be on the core Personal Consumption Expenditure (PCE) price index data for December, scheduled for publication at 13:30 GMT. This data will likely play a pivotal role in shaping expectations and market sentiment leading up to the Fed's decision.
Forecast:
Despite the cautious backdrop, our forecast for GBP/USD remains bullish, aligning with the morning's strong reaction and the overall technical setup. Traders are advised to stay vigilant, adapting their strategies as market dynamics unfold in response to central bank decisions and economic indicators.
Our preference
Long positions above 1.2600 with targets at 1.2850
GBPUSD TO LONG DURING NFPNon farm payroll is today and my projection for GBPUSD is that it will long, but for that to happen, I am projecting a retrace to the 50EMA where it is our area of interest before it buys to 1.27588.
GBPCAD SHORTSGBPCAD since the beginning of the week have been moving bearish and in respect to this, I plan to stick to the trend, the daily and the weekly also shows the bearish trend, and to follow this I expect this pair to retrace to the 50 Exponential moving average and we short to the 800 Exponential moving average.
GBPJPY H4 | Rising into 50% Fibo resistanceGBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target.
Entry: 186.906
Why we like it:
There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level
Stop Loss: 188.919
Why we like it:
There is a pullback resistance level
Take Profit: 184.474
Why we like it:
There is a pullback support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Pound H4 | Approaching pullback resistanceThe Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target.
Entry: 1.27800
Why we like it:
There is a pullback resistance level
Stop Loss: 1.28276
Why we like it:
There is a swing-high resistance that aligns close to the 127.2% Fibonacci extension level
Take Profit: 1.26577
Why we like it:
There is a pullback support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPCHF SHORTSI have analyzed and seen the weekly and daily timeframe being bearish, these are the main timeframes, so I went to the four hour timeframe to look for opportunity to short, then I spot the resistance zone just below the 50 exponential moving average, now expecting a retracement to the moving average then take shorts.
GBPAUD TO CONTINUE ITS BULLISH RUNGBPAUD is expected to buy more after it makes it retracement to our support zone and our 50 Exponential moving average that correlates with the 50 moving average, then we buy to the net four hour highs.
EURGBP H4 | Overhead resistanceEUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.85450 which is a pullback resistance.
Stop loss is at 0.85800 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance.
Take profit is at 0.85049 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPCAD short time...Break in broadening top channel tell us its time to short GBPCAD.
Price action can approve it. A breakout, a tight channel and again a bearish breakout can send GBPCAD to hell.
Trade safe.
Good luck.
EUR-GBP Risky Short! Sell!
Hello,Traders!
EUR-GBP is making a
Pullback from the horizontal
Resistance of 0.8590
And I think that we
Will see a further move down
Sell!
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Pound H4 | Pullback resistance at 78.6% Fibo projectionThe Pound (GBP/USD) could rise towards a pullback resistance and potentially reverse off this level to drop lower.
Sell entry is at 1.27799 which is a pullback resistance that aligns with the 78.6% Fibonacci projection level.
Stop loss is at 1.28420 which is a level that sits above the 100.0% Fibonacci projection level and a swing-high resistance.
Take profit is at 1.26815 which is a pullback support that aligns close to the 78.6% Fibonacci extension level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Pound H4 | Rising into pullback resistanceThe Pound (GBP/USD) could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target.
Entry: 1.27816
Why we like it:
There is a pullback resistance that aligns with the 78.6% Fibonacci projection level
Stop Loss: 1.28276
Why we like it:
There is a swing-high resistance that sits above the 100.0% Fibonacci projection level
Take Profit: 1.26577
Why we like it:
There is a pullback support that aligns close to the 61.8% Fibonacci retracement level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EURGBP H4 | Potential bullish breakoutEUR/GBP is trading close to a pullback support and could potentially break above a descending trendline to make a bullish rise to the upside.
Buy entry is at 0.85700 which is a potential bullish breakout level (wait for price to break through the descending trendline for confirmation).
Stop loss is at 0.85350 which is a level that sits under a pullback support.
Take profit is at 0.86150 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Pound H4 | Rising towards 100% Fibo projectionThe Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.27799 which is a pullback resistance that aligns close to the 100.0% Fibonacci projection level.
Stop loss is at 1.28470 which is a level that sits above the 127.2% Fibonacci extension level and a swing-high resistance.
Take profit is at 1.26506 which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD: BoS, weak GBP, strengthening USDI'm expecting a big collapse from this pair over the next few weeks.
I'm seeing a Break of Structure on the lower timeframes, with 1hr retest.
GBP data shocking and certainly indicating recession, USD not looking like a recession. Heightening global conflict could also lead to a stronger USD.
I'm going short on this pair, first target 1.255.
