1. Resistance Zone at 1.2950 – The price is facing strong resistance around this level, and the analysis suggests rejection.
2. Projected Downward Movement – The price is expected to drop toward 1.2860-1.2870.
3. Bearish Market Structure – The pattern indicates lower highs and lower lows, supporting a downside trend.
4. Fundamental Impact – The presence of U.S. economic data (indicated on the chart) might influence volatility and confirm the move.
Forecast for Monday:
If GBP/USD fails to break above 1.2950, a decline toward 1.2860-1.2870 is expected.
A breakout above 1.2950 could invalidate this bearish scenario and lead to further upside.
2. Projected Downward Movement – The price is expected to drop toward 1.2860-1.2870.
3. Bearish Market Structure – The pattern indicates lower highs and lower lows, supporting a downside trend.
4. Fundamental Impact – The presence of U.S. economic data (indicated on the chart) might influence volatility and confirm the move.
Forecast for Monday:
If GBP/USD fails to break above 1.2950, a decline toward 1.2860-1.2870 is expected.
A breakout above 1.2950 could invalidate this bearish scenario and lead to further upside.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.