Watch This Before Trading Forex Supply and Demand Zones!
In January 2025, the GBPUSD Forex cross pair was trending down in the daily timeframe, with strong daily supply levels in control and playing out, as expected. We expected new lows and daily supply imbalance on the GBPUSD and supply levels on EURUSD and GBPUSD major Forex cross pairs. Watch the video analysis below to...
January 2025 Currency Outlook: Why the Sell Bias Dominates EURUSD and GBPUSD
The EURUSD and GPBUSD Forex cross-pairs are dropping as expected, with the daily supply level under control. We are expecting new lows in the following hours. You can use smaller timeframes for intraday Forex strategies to take advantage of it. As we enter January 2025, the currency markets are buzzing with uncertainty, and two pairs...
GBPUSD Forex analysis long-term bullish reversal
GBPUSD Forex cross-pair started the reversal after breaking the historical all-time low last September 2022. As expected and mentioned at Set and Forget’s online trading academy, the British pound strengthened against the US Dollar. The fact that the dollar index analysis is also very bearish is helping the pound in a double correlation to move...
GBPUSD Forex cross pair short bias reacting to an imbalance
GBPUSD Forex cross pair is dropping as expected from the monthly supply imbalance, located around 1.32. The reaction has been pretty strong for now. The British Pound is weak against the US dollar. This, together with the fact that the Dollar Index DXY analysis is bullish, it’s helping the GBPUSD Forex cross-pair to drop so...
GBPUSD Forex forecast August 2020
As expected and mentioned in the previous GBPUS forecast, the British Pound has reacted strongly to the weekly demand imbalance and it’s rallying much higher. Read the previous GBPUSD forecast for a more detailed supply and demand technical analysis. GBPUSD weekly uptrend. Bullish Forecast The weekly supply level is under attack on British Pound versus...
GBPUSD Forex cross pair buy opportunity
GBPUSD British Pound versus the US dollar has a new demand imbalance around the 1.2296 price level, which is helping the price rally higher into a bigger timeframe supply imbalance, to which the price reacted already three weeks ago, around 1.18 price level. Using this GBPUSD Forex major supply and demand technical analysis to plan...
GBP USD analysis today August 2019
Ever wondered how to trade GBPUSD Forex currency pair using supply and demand imbalances? It is imperative to understand why and how currency pair moves for the development of each Forex trader. Typically, price moves owing to supply and demand imbalances, which is why it’s essential for every trader (especially a beginner) to grasp the...
Watch This Before Trading Forex Supply and Demand Zones!
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