GBPUSD and XAUUSD Forecast Breakdown: Key Levels and Potential Targets

1 year ago
5

Aucune vue 16 juin 2023 #xauusd #gbpusd #forex
Welcome to our weekly forecast on YouTube! In this video, I provide a comprehensive analysis of two major assets: #xauusd (Gold) and GU (#gbpusd ).

Starting with GU, we observed a significant breakthrough as it surpassed the previous high at 1.2680. This breakout signals a bullish momentum, indicating that the pair is likely to continue its upward trajectory towards the 1.30's area.

Shifting our focus to XAUUSD, we witnessed an interesting price action. After a false breakout to the downside around 1925, the price swiftly reversed and surged towards 1968, aligning with an important trendline. Notably, we have yet to witness a significant liquidity sweep on the upside, suggesting the potential for further upward movement.

Join me in this video as I delve deeper into the analysis of these assets, highlighting key levels, potential targets, and the underlying market dynamics. Gain valuable insights that can assist you in making informed trading decisions. Don't miss out on this weekly forecast as we explore exciting trading opportunities together.
#forex
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▶Disclaimer
Everything mentioned in the video is just my personal opinion. This content is for educational and entertainment purposes only and not financial or professional advice.
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