meszaros

GBPUSD Update (Target price reached).

OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD Update (Target price reached). Two solutions are possible.1. Manually close the trade and pocket 500pip profit 2. As shown in the figure, we will continue to wait for our long position. I switched the analysis back to H4 timeframe. Thus, the white square is the ATR range of the H4 timeframe. The red square is the "spike area". The next target price is 1.26497

Comments

Will there be any effect of Boris Johnson coronavirus infection?
+1 Reply
meszaros criz99
@criz99,
I don't see the problem with Boris Johnson's coronavirus infection (a few weeks and healing), but with the fact that the American stock market may have a steep fall. Up to another 50% fall. This could lead to a stronger dollar.
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criz99 meszaros
@meszaros, Good point. Thank you.
Could you please say something more about actual situation with Gold?
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meszaros criz99
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meszaros meszaros
@meszaros, I am currently watching this scenario. Not trading gold now.
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Thanks sir. Best analysis (GBPUSD)
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meszaros sanjeewasilva1987
@sanjeewasilva1987, Thanks. :)
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Thank you for the analysis! Great work and I'm looking for ward to your next analysis. :)
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Really thank you great work 👏👏
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