Hello Traders! Here is today’s GBPUSD technical analysis. I will be reviewing the GBP/USD forecast using Elliot Wave Theory and Fibonacci. Join my membership on my website page to get access to the private chats, education information and members forecast area. Learn and earn at the same time by seeing all my swing trade entries at the time I take them.
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This video is about GBP/USD Trading Strategy: Latest Forecast and Analysis for May 1, 2024.
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Neat analysis, from your analysis i can see the GBPUSD have some suitsble points:
price is trying to make some movement for the buyer
we can see the price on the daily is still uncertain about where it wants to go
we would need to see some more development to confirm which side the market wants to go
but the buy trend on the monthly is still holding we just need the lower timeframe to align
altogether this is a nice swing trade if planned correctly
Pls can you include us100 & us30 on your analysis