Clearly Focus on High Impact News For GBPUSD This Week

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GBPUSD ANALYSIS
As we see based on the chart, The price for GBPUSD currently on the slow mode after 3 weeks downtrend movement

This will be a compression which could happen for early week. I would like to waiting the reason with my SOP on the Continuation Sell Zone which the price already inside my zone. As monday for me is a day where the market want to create a direction for the whole week.

There are several Confirmation i will looking for which is firstly,:
- Im looking for a Big timeframe SNR & SND to get the best big
movement/Reaction for swing trade
- Blue zone which is weekly support was the zone of the big movement
starting point to breakout the higher price before.
- Thus, i can see this was one of the structure known as Breakout Entry
on Weekly/Dailt Timeframe
- Other than that, I also look for the MDA (Miss, Dip, Accurate) confirmation.
- It show where the price starting point going up with big movement and waiting price to
comeback to the zone.
- This is one of the technique where teach us about the psychology of the market and market
behaviour to our SNR/SND

News Target

1. Claimant Count Change (GBP)
   
2. PPI US
   
3. CPI UK
   
4. CPI US
   
5. UK GDP