We thank God for a successful week.
This is how expect GBPUSD to play out for next week....
Yes we have price going long but i will be looking out for a bearish move either from the first resistance or second.
From the NFP release we expect the dollar to gain some strength in the coming week and also looking at the fact that G.U is close to an area that has been tested twice and got rejected, we might just be having our third rejection by next week and if the first reistance gets broken and price moves up to the second then we will be looking for our short position from that level.
This is how expect GBPUSD to play out for next week....
Yes we have price going long but i will be looking out for a bearish move either from the first resistance or second.
From the NFP release we expect the dollar to gain some strength in the coming week and also looking at the fact that G.U is close to an area that has been tested twice and got rejected, we might just be having our third rejection by next week and if the first reistance gets broken and price moves up to the second then we will be looking for our short position from that level.
