GBPUSD finally Bullish or another Whipsaw incoming?

2021年12月2日

Is GBPUSD finally going to be bullish? With the NFP coming up and its recent whipsaw movement due to the effect of Omicron globally, GBPUSD broke its major support and seems to strongly favor the bears; however, after numerous rejection to go down, it is finally showing signs of increase in volume so is it finally time for the bulls to shine?

With a first TP area of 1.342, bulls are looking for another re-entry to then break the major resistance of 1.351.

1st Entry: 1.33100 or even current levels is fine.
1st TP: 1.34200
2nd Entry: 1.33600
2nd TP: 1.35000

Disclaimer: This is for educational purposes only. I am not a guru nor am I a certified financial analyst.

2021年12月2日

注释

Another possible movement is that there will be a whipsaw tomorrow during the NFP to eventually form a double bottom before rallying up for a big bull run.