Blue Mind FX - Weekly Analysis GBPUSD

2019-12-30 05:51:16

I expect price to retest the Fib Levels of the September to December rally at which point I will look at how price is moving. There are sell and buy zones formed at both fib levels so we may see a range form for a few times.


Remember that we are currently in a period where most of the main market movers will be less active. That said people still need to buy money and orders will still need filling, so for now we will assume technical analysis will hold up.

These are purely analysis for the week leading 29th December 2019 and should not warrant any trade actions. They are purely for analysis and technical reference for you to put your own trading ideas to.

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