GBP/USD - OUTLOOK
* U.S. Dollar Index failed to run above the resistance 92.80 GBP/USD might have a green light if the Dollar Index continues to move down from the current level.
* Initial Jobless claims report is to release. - Sep 09, 2021 Forecast (335K) Previous (340K) -
As I expected with the previous analysis, the pair reached around 1.3733 and then pull - back right at 50% - Fib/R. However I still can expect bearish- side if the price falls below Balance Level -1.3389.
On the upside, If the price breaks at 1.3826 , It will reach towards the resistant at 1.3860.
* Initial Jobless claims report is to release. - Sep 09, 2021 Forecast (335K) Previous (340K) -
As I expected with the previous analysis, the pair reached around 1.3733 and then pull - back right at 50% - Fib/R. However I still can expect bearish- side if the price falls below Balance Level -1.3389.
On the upside, If the price breaks at 1.3826 , It will reach towards the resistant at 1.3860.
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