GBPUSD future bias.
As you can see from the chart, I'm not convinced we are going down LONG TERM on this pair. Whilst we have see breaks of this upward trend, I believe this could continue going to the upside. My bias is based off of recent COT reports and retail forex sentiment.
Something I always talk about on my channel is that 70-80% of traders lose. So when we see that there is an overall, overbearing retail bias on a certain currency pair, then I tend to do the opposite of the majority.
So, I'm waiting for retail sentiment to flip bearish before I look for any long side moves on this pair.
Weekly analysis is currently rendering so it'll be up on YouTube soon!
Have a great week everybody!
Something I always talk about on my channel is that 70-80% of traders lose. So when we see that there is an overall, overbearing retail bias on a certain currency pair, then I tend to do the opposite of the majority.
So, I'm waiting for retail sentiment to flip bearish before I look for any long side moves on this pair.
Weekly analysis is currently rendering so it'll be up on YouTube soon!
Have a great week everybody!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。