@JustinBennettfx
YouTube
Avg. Quality
74
Success Rate
41.22
Analysis
245
Correct
101
Fail
137
Pending
7
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
GBPUSD
Short Entry
1.3454
2025-08-21
03:29 UTC
Target
1.3346
In 2 Weeks
Fail
1.3579
Risk/Reward
1 : 1
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Final PnL
0.80%
P/L: —
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The analysis focuses on the DXY, EURUSD, and GBPUSD forex pairs, and Gold. For the DXY, the market rebounded at 98.1, above the top of its channel, with a trading view issue causing a wick on the chart. The market needs to stay above 98.1 to maintain bullish momentum, with resistance at 98.50/60 and potential imbalance up to 99.3/5. Losing the 98.1 level could lead to a bearish scenario, with support at 97.7 and the channel bottom. EURUSD is holding below the trendline; as long as we are below 1.169 the trend is bearish, with key support at 1.159. GBPUSD presents a shorting opportunity from 1.3538. A breakthrough of the parallel channel indicates a trend to mid range prices and that there is the potential for a large move.
