$British Pound - main 2212(GBP-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$British Pound - main 2212(GBPmain)$GBPUSD How LOW Can The UK Pound Go - 0.8000?! 0.6000?!

What a mess!! GBPUSD at record recent lows - not seen since 1985 and no sign of a recovery plan! So the big question - how low can the UK Pound go versus the US Dollar? I take a look at the charts....

Watch the full GBPUSD video analysis on my YouTube channel (copy and paste link into your browser):
https://youtu.be/iLu6Dss7VxQ

Overall Opinion - BEARISH

The charts:

Key price zones: (see weekly line chart attached) - new historical lows will provide key support area in the short to medium term - break down from here and Fibonacci lines at 0.905, 0.830 and 0.689!!

Targets & Risk Management (See also Renko chart attached)....

Bullish upsides: T1: 1.12, T2: 1.17, T3: 1.26
Bearish Downsides: T1 1.035 T2 0.975 T3: 0.895
Stops: Bullish 1.06, Bearish 1.09

Conclusion - Charts still showing very bearish! Downsides could quite easily slip to 0.800 / 0.600. It will need some Government / Bank Of England intervention to reverse the slide! Possible higher interest rates again!

If you’d like to find out more about what I do, you can get in touch with me via:
Email: info@thestophunter.co.uk
Website: www.thestophunter.co.uk
YouTube: thestophunter

Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER: THE STOP HUNTER Intro Post & Links (Links to YouTube at bottom of post)

Best of luck with the trading,

Regards

Stephen

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

EvanHolt
2022-09-30
EvanHolt
By technical indicators, the decline is far from over.
HilaryWilde
2022-09-30
HilaryWilde
All currencies are depreciating against the dollar.
Maria_yy
2022-09-30
Maria_yy
GBPmain's recent volatility has been unprecedented.
Oldhead
2022-09-27
Oldhead
Can't see any reverse trend.
PandoraHaggai
2022-09-30
PandoraHaggai
No one expected it to fall to historic lows.
ElvisMarner
2022-09-30
ElvisMarner
0.905 is very important for GBPmain's next move.

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GBPUSD at record recent lows - not seen since 1985 and no sign of a recovery plan! So the big question - how low can the UK Pound go versus the US Dollar? I take a look at the charts....<br><br>Watch the full GBPUSD video analysis on my YouTube channel (copy and paste link into your browser):<br>https://youtu.be/iLu6Dss7VxQ<br><br>Overall Opinion - BEARISH<br><br>The charts:<br><br>Key price zones: (see weekly line chart attached) - new historical lows will provide key support area in the short to medium term - break down from here and Fibonacci lines at 0.905, 0.830 and 0.689!!<br><br>Targets &amp; Risk Management (See also Renko chart attached)....<br><br>Bullish upsides: T1: 1.12, T2: 1.17, T3: 1.26<br>Bearish Downsides: T1 1.035 T2 0.975 T3: 0.895<br>Stops: Bullish 1.06, Bearish 1.09<br><br>Conclusion - Charts still showing very bearish! Downsides could quite easily slip to 0.800 / 0.600. It will need some Government / Bank Of England intervention to reverse the slide! Possible higher interest rates again!<br><br>If you’d like to find out more about what I do, you can get in touch with me via:<br>Email: info@thestophunter.co.uk<br>Website: www.thestophunter.co.uk<br>YouTube: thestophunter<br><br>Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER:&nbsp; <a href=\"https://ttm.financial/post/9908727778?invite=F9JTKU\" target=\"_blank\">THE STOP HUNTER </a>&nbsp;Intro Post &amp; Links (Links to YouTube at bottom of post)<br><br>Best of luck with the trading,<br><br>Regards<br><br>Stephen<br><img src=\"https://community-static.tradeup.com/news/fe5496c16a937fcf09ea8e37fb524932\" tg-width=\"1833\" tg-height=\"839\"><img src=\"https://community-static.tradeup.com/news/312bcc25ccddeb5b06d3823aaeb4b653\" tg-width=\"1834\" tg-height=\"838\"></body></html>","htmlText":"<html><head></head><body>\n<a target=\"_blank\" href=\"https://ttm.financial/FUT/GBPmain\">$British Pound - main 2212(GBPmain)$</a>GBPUSD How LOW Can The UK Pound Go - 0.8000?! 0.6000?!<br><br>What a mess!! GBPUSD at record recent lows - not seen since 1985 and no sign of a recovery plan! So the big question - how low can the UK Pound go versus the US Dollar? I take a look at the charts....<br><br>Watch the full GBPUSD video analysis on my YouTube channel (copy and paste link into your browser):<br>https://youtu.be/iLu6Dss7VxQ<br><br>Overall Opinion - BEARISH<br><br>The charts:<br><br>Key price zones: (see weekly line chart attached) - new historical lows will provide key support area in the short to medium term - break down from here and Fibonacci lines at 0.905, 0.830 and 0.689!!<br><br>Targets &amp; Risk Management (See also Renko chart attached)....<br><br>Bullish upsides: T1: 1.12, T2: 1.17, T3: 1.26<br>Bearish Downsides: T1 1.035 T2 0.975 T3: 0.895<br>Stops: Bullish 1.06, Bearish 1.09<br><br>Conclusion - Charts still showing very bearish! Downsides could quite easily slip to 0.800 / 0.600. It will need some Government / Bank Of England intervention to reverse the slide! Possible higher interest rates again!<br><br>If you’d like to find out more about what I do, you can get in touch with me via:<br>Email: info@thestophunter.co.uk<br>Website: www.thestophunter.co.uk<br>YouTube: thestophunter<br><br>Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER:&nbsp; <a href=\"https://ttm.financial/post/9908727778?invite=F9JTKU\" target=\"_blank\">THE STOP HUNTER </a>&nbsp;Intro Post &amp; Links (Links to YouTube at bottom of post)<br><br>Best of luck with the trading,<br><br>Regards<br><br>Stephen<br><img src=\"https://community-static.tradeup.com/news/fe5496c16a937fcf09ea8e37fb524932\" tg-width=\"1833\" tg-height=\"839\"><img src=\"https://community-static.tradeup.com/news/312bcc25ccddeb5b06d3823aaeb4b653\" tg-width=\"1834\" tg-height=\"838\"></body></html>","text":"$British Pound - main 2212(GBPmain)$GBPUSD How LOW Can The UK Pound Go - 0.8000?! 0.6000?! What a mess!! GBPUSD at record recent lows - not seen since 1985 and no sign of a recovery plan! So the big question - how low can the UK Pound go versus the US Dollar? I take a look at the charts.... Watch the full GBPUSD video analysis on my YouTube channel (copy and paste link into your browser): https://youtu.be/iLu6Dss7VxQ Overall Opinion - BEARISH The charts: Key price zones: (see weekly line chart attached) - new historical lows will provide key support area in the short to medium term - break down from here and Fibonacci lines at 0.905, 0.830 and 0.689!! Targets & Risk Management (See also Renko chart attached).... Bullish upsides: T1: 1.12, T2: 1.17, T3: 1.26 Bearish Downsides: T1 1.035 T2 0.975 T3: 0.895 Stops: Bullish 1.06, Bearish 1.09 Conclusion - Charts still showing very bearish! Downsides could quite easily slip to 0.800 / 0.600. It will need some Government / Bank Of England intervention to reverse the slide! Possible higher interest rates again! If you’d like to find out more about what I do, you can get in touch with me via: Email: info@thestophunter.co.uk Website: www.thestophunter.co.uk YouTube: thestophunter Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER: THE STOP HUNTER Intro Post & Links (Links to YouTube at bottom of post) Best of luck with the trading, Regards 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