GBPUSD LONG IDEA
Expect a higher push in GBPUSD following an anticipatory weakness in DXY indicated by the switch of money to safe haven.
Confluence: risk on. shift to risk on. Metals surge, palladium, Gold, and Silver should follow suit/ Similarly AUD/NZD/GBP/EUR should follow
GBPUSD classic setup to squeeze higher, expecting price to be pushed above the consolidation area, seeking deeper liquidity. No trying shorts/ the pain will be inevitable. Potential range fill and attack on all sellers(Buyside liquidity)
Blackswan event Russia-Ukraine as a news catalyst. The 0300hrsNY news-0430hrsNY news in the economic calendar should assist in increasing volatility.
Confluence: risk on. shift to risk on. Metals surge, palladium, Gold, and Silver should follow suit/ Similarly AUD/NZD/GBP/EUR should follow
GBPUSD classic setup to squeeze higher, expecting price to be pushed above the consolidation area, seeking deeper liquidity. No trying shorts/ the pain will be inevitable. Potential range fill and attack on all sellers(Buyside liquidity)
Blackswan event Russia-Ukraine as a news catalyst. The 0300hrsNY news-0430hrsNY news in the economic calendar should assist in increasing volatility.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.