Weekly Market Update: GBPUSD, GOLD & BTCUSD, July 7th – 13th, 2025
NOTE: This market newsletter is based on analysis conducted using the daily chart timeframe. Each market discussed is accompanied by a corresponding price chart for clarity and reference.
GBPUSD: Buying On Retracement Lower & After Price Action Signal At Or Within 1.3369 – 1.3454 Support Area
Comments: Price formed a Multiple Inside Bar Pattern late last week (We are not considering trading this pattern).
Potential Trade Signal 1: We are waiting to see if the current Multiple Inside Bar Pattern turns into a Potential Bullish Fakeout Setup.
Potential Trade Signal 2: We are looking to buy on a deeper retracement lower and after a price action buy signal, at or within the 1.3369 – 1.3454 short-term support area.
To Trade This Market With Our Preferred Broker, CLICK HERE
GOLD – SPOT: Buying On Retracement Lower To Within The Range Of Bullish Pin Bar Signal
Comments: Price formed an Inside Bar Pattern late last week (We are not considering trading this pattern).
Potential Trade Signal 1: We are waiting to see if the current Inside Bar Pattern turns into a Potential Bullish Fakeout Setup.
Potential Trade Signal 2: We are looking to buy on a retracement lower to within the range of the recent Bullish Pin Bar Signal that had formed over a week ago, with stops well below the low of that signal.
To Trade This Market With Our Preferred Broker, CLICK HERE
BITCOIN – BTCUSD: Buying On A Retracement Lower & After Price Action Signal At Or Above $104969 Support Level
Comments: Price formed a Multiple Inside Bar Pattern overnight (We are not considering trading this pattern).
Potential Trade Signal 1: We are waiting to see if the current Multiple Inside Bar Pattern turns into a Potential Bullish Fakeout Setup.
Potential Trade Signal 2: We are looking to buy on a retracement lower and after a price action buy signal, at or just above the $104969 short-term support level.
To Trade This Market With Our Preferred Broker, CLICK HERE
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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.
