@JustinBennettfx

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Avg. Quality

81

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Analysis

39
Correct
9
Fail
14
Pending
16
Ineffective
0
Total Quality
Score
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Pending
GBPUSD
Entry 1.3504 2025-08-28 21:27 UTC
Target 1.3714
Fail 1.3382
Risk / Reward 1 : 2
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GBPUSD
Pending
Forex
Technical
1H
Analysis Predict Bull Market
Body
The analysis focuses on GBPUSD and DXY. GBPUSD currently at 1.3522 is predicted to move towards 1.3714 based on an established uptrend, single print analysis from the July time frame and resistance at the horizontal resistance line 1.3520/30. This analysis would be invalidated below 1.3382. The US Dollar Index DXY is currently at 97.84 and is expected to decline towards 96.60. Key levels to watch include a break below 97.70 for further downside, based on TPO. The DXY analysis would be invalidated at 97.90. The long upper wick from Wednesday is regarded as support. The GBPUSD's bullish trend seems to align with a potential bearish breakdown in the DXY.
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