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GBPUSD BEARISH FOR THIS WEEK
**CHECK MY EURUSD ANALYSIS FOR THE CFTC COT REPORT BIAS
CFTC COT Report Bias: BEARISH
**British Pound's value against the Dollar is still at the over-sold region
**Supply and Demand Analysis - Price Is accumulating at Supply Zone #1 and could reach Zupply Zone #2 before the bearish move and could target the opposing demand zones highlighted on the chart.
**Others - the catalyst for the bearish move could be the US FED news release on Monday.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
CFTC COT Report Bias: BEARISH
**British Pound's value against the Dollar is still at the over-sold region
**Supply and Demand Analysis - Price Is accumulating at Supply Zone #1 and could reach Zupply Zone #2 before the bearish move and could target the opposing demand zones highlighted on the chart.
**Others - the catalyst for the bearish move could be the US FED news release on Monday.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
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