TRADEWITHBOLU WEEKLY FOREX ANALYSIS FOR GBPUSD, BTCUSD, GBPJPY, EURJPY( 28TH NOVEMBER — 2ND DECEMBER 2022)
Hey everyone! Welcome to this Tradewithbolu’s weekly Analysis for the week ending December, 2nd 2022. This week, we will be taking a look at 4 Pairs and will be sharing our take on these pairs. These pairs include: GBPUSD, BTCUSD, GBPJPY, EURJPY. let’s dive in
Firstly we would be checking out the FOREX Market News to have a heads up on what is in store Fundamentally for this week.
GBPUSD
We can currently see price at our order block that previously broke structure, we expect to see price reject from this zone back to the downside.
BTCUSD
BTCUSD, has been showing signs of a bearish momentum. We expect price to break the symmetrical triangle to fill up the inefficiency below
GBPJPY
Two equal highs formed out on GBPJPY, price would probably grab liquidity resting above the highs and head over to the downside.
EURJPY
Overall long term view, is a bullish momentum for EURJPY, we expect price to continue its bullish momentum after a touch of the current upward treendline.
Ensure you validate entries with candlestick patterns as extra confirmations
Remember to Apply Proper Risk Management always when Trading. Best of Luck this week in your Trading Journey.
