Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we can see that price changed the character and started to form lower lows and lower highs so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block + institutional big figure 1.23000.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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‼️ This is my perspective on GBPUSD.
Technical analysis: Here we can see that price changed the character and started to form lower lows and lower highs so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block + institutional big figure 1.23000.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
Like, comment and subscribe to be in touch with my content!
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