GBP/USD D1 Time Frame Trend

This is an analysis of the GBP/USD on the D1 time frame. This pair is close to a full reversal on the D1 time frame and a new uptrend forming. Tomorrow morning in the main trading session there is USD Consumer Price Index news. This could drive volatility and price movement. If the USD is weak after the CPI news on The Forex Heatmap®, then consider a buy on this pair. If the D1 uptrend fully forms it has overall potential of over 400 pips. See yellow line notations on the charts. You can also set an audible price alert at 1.2330 to notify you and help to intercept the movement.

Any time a forex traders sees a new D1 uptrend forming on any of the major forex pairs, and also the exotic pairs, they should take note as getting into the trend at the beginning of the movement should be a priority, and your money management ratio will always be heavily in your favor.

GBP/USD D1 Time Frame

GBP/USD D1 Time Frame

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