GBPUSD
GBPUSD has broken through its MA100 again and is waiting for a confirmation of the downtrend again. The cable is currently in the range of 1.10793 - 1.12016 and looks set to make a price correction today after yesterday's support break. With yesterday's increase, GBPUSD has finished making price corrections in all timeframes, so the potential for GBPUSD to continue its downtrend is very large. NFPs later tonight can speed up this process so be careful about entry.
We got SL yesterday. do SELL LIMIT 1.12395 SL 1.12912 TP 1.10857
R3 1.13502
R2 1.13025
R1 1.12520
PV 1.12016
S1 1.10793
S2 1.09196
S3 1.07258
GBPUSD has broken through its MA100 again and is waiting for a confirmation of the downtrend again. The cable is currently in the range of 1.10793 - 1.12016 and looks set to make a price correction today after yesterday's support break. With yesterday's increase, GBPUSD has finished making price corrections in all timeframes, so the potential for GBPUSD to continue its downtrend is very large. NFPs later tonight can speed up this process so be careful about entry.
We got SL yesterday. do SELL LIMIT 1.12395 SL 1.12912 TP 1.10857
R3 1.13502
R2 1.13025
R1 1.12520
PV 1.12016
S1 1.10793
S2 1.09196
S3 1.07258