GBPUSD (Pound Dollar) day trading forex analysis with Financial Astrology, Price & Time.
GBPUSD Chart Analysis:
On the 5 Minutes Chart, GBPUSD is trending up. There is 2 mundane aspect coming. Plus whole day we had Venus & Mercury Conjunction effect. We have plotted Moon line & along with Sun Trine Aspect Line. Here Sun Trine line & Moon line overlapped for obvious reason. We have plotted pitchfork lines in order to understand the trend better.
Our Trend dashboard indicating all up, only in case or Parabolic SAR & RSI it showing bearish signal. RSI is showing bullishly overbought.
Upcoming Forex News Release:
There is no major big news going to release now. But 7 hours later Pound MPC Member speech is coming.
Clearly, it is bullish. Sell opportunity will only come below 1.3904. If it happens & also breaks the middle line of Andrew Pitchfork then you can target up to the pitchfork lower line & more below up to the 1.3785 Sun Trine line. Which could be a possible target during GBP MPC Speech.
Chart Screenshot in Full View: