GBPUSD finally Bullish or another Whipsaw incoming?
Güncellendi
Is GBPUSD finally going to be bullish? With the NFP coming up and its recent whipsaw movement due to the effect of Omicron globally, GBPUSD broke its major support and seems to strongly favor the bears; however, after numerous rejection to go down, it is finally showing signs of increase in volume so is it finally time for the bulls to shine?
With a first TP area of 1.342, bulls are looking for another re-entry to then break the major resistance of 1.351.
1st Entry: 1.33100 or even current levels is fine.
1st TP: 1.34200
2nd Entry: 1.33600
2nd TP: 1.35000
Disclaimer: This is for educational purposes only. I am not a guru nor am I a certified financial analyst.
With a first TP area of 1.342, bulls are looking for another re-entry to then break the major resistance of 1.351.
1st Entry: 1.33100 or even current levels is fine.
1st TP: 1.34200
2nd Entry: 1.33600
2nd TP: 1.35000
Disclaimer: This is for educational purposes only. I am not a guru nor am I a certified financial analyst.
Not
Another possible movement is that there will be a whipsaw tomorrow during the NFP to eventually form a double bottom before rallying up for a big bull run.
Feragatname
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