Weekly forecast for GBP/USD

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This is my weekly forecast for GBP/USD. This is a little off topic but i am going to start doing a weekly quote to motivate myself and hopefully others to continue this journey we are on. This weeks quote is ' The biggest risk is not taking a risk. in a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks' Anyway back to my weekly forecast. I am still going to keep my overall bearish view for GBP/USD as we are still very bearish on the daily timeframe and price is yet to break the daily LH that was responsible for the break of structure so i am going to remain bearish in the long term. We have seen a lot of bullish movement come into GBP/USD this month so I am anticipating price to remain bullish until price gives me an indication that price has changed, the indication would be a change of character on a higher timeframe but until that happens i will be anticipating bullish movement.

The news i will be watching our for this week is - United Kingdom Nationwide Housing Prices YoY - Euro Area GDP Growth Rate YoY - Euro Area Inflation Rate YoY - United Kingdom S&P Global/CIPS Manufacturing PMI - United States S&P Global Manufacturing PMI - United States JOLTs Job Openings - United States ADP Employment Change - United States Fed Interest Rate Decision / United States Fed Press Conference - United Kingdom S&P Global/CIPS UK Services PMI - United Kingdom BoE Interest Rate Decision - United States Initial Jobless Claims / United States Jobless Claims 4-week Average / United States Continuing Jobless Claims - United States Non Farm Payrolls - United States Unemployment Rate - United States Nonfarm Payrolls Private.

I welcome any feedback you might have and if you have any questions feel free to message me:)

Disclaimer: I am not a financial advisor. Do not take anything on TV as financial advice, ever.

Do your own research.

Consult a professional investment advisor before making any investment decisions!

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