#gbpusd #forex
When you predicting a price, the main thing is to understand its basic movement, what the price will reach, for example, at the end of the month. On longer timeframes, the price is much easier to determine than on hourly, etc., after you have identified the main price movement, never trade against the main movement, buy or sell on dips and rallies, respectively. I want to do some long term reviews for different currency pairs in order to determine Long term targets for each currency pair.
At the moment, the British pound has both fundamental and technical prerequisites for growth, this week I am considering an increase to the level of 1.392 and by the end of the month I am considering an increase to the level of 1.40.
Now try to buy on the drawdowns of this pair, at the moment it is well positioned for growth, I am considering the beginning of growth on Monday from the beginning of the London session.
End of the post
Join my Telegram channel to get market updates quickly and follow my Twitter to get intraday thoughts about the markets. Also, in my Instagram I post short reviews about promising coins. Dear Friends, I will be very grateful to you for a donation, which you can make here
Disclaimer
The content on this website, including blog posts, articles, and other materials, reflects the personal opinions of the author and is provided for informational purposes only. The author does not claim to be infallible or to possess complete knowledge of financial markets, which are inherently volatile and unpredictable. No one can predict with certainty the direction of financial markets, including the author, who only expresses personal opinions and preferences for particular scenarios.
The information on this website should not be construed as financial advice, investment advice, trading advice, or any other type of advice. The author is not a professional financial advisor, and you should not rely on the opinions expressed on this website when making financial decisions. The author is not responsible for any actions taken based on the opinions and information provided on this website.
The author may be wrong in their assessments and opinions and is always open to alternative viewpoints. You should always conduct your own research and consult with a qualified financial professional before making any investment decisions.
The author acknowledges that may not possess complete knowledge of all aspects of financial markets and does not claim to be omniscient. Financial markets are complex systems, and the misunderstanding or incorrect interpretation of even seemingly obvious facts can result in errors that may lead to losses. The author is not responsible for any losses incurred as a result of information or opinions shared on this website. It is always recommended that readers consult with a qualified financial professional and conduct their own research before making any financial decisions.
