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ChrisAPM ChrisAPM GBPUSD, 30, Long ,
GBPUSD: *Nice Long*
87 0 2
GBPUSD, 30 Long
*Nice Long*

GBP has been recovering from short-term drop due to election loom, given the fact that it didnt break the support trend line clearly. *1.29285* would be a good long entry and TP at 1.304. Trade Safe

LeeThompson97 LeeThompson97 EURGBP, 60, Short ,
EURGBP: EUR/GBP Short Opportunity - Channel Reversal
36 0 1
EURGBP, 60 Short
EUR/GBP Short Opportunity - Channel Reversal

The top of the bearish channel is a good opportunity for a short position. This type of trade gives a good risk/reward ratio, stops should be placed outside of the channel. It is key that stops still allow price to move above the trendline and not be too close to the trendline, therefore the 0.85570 zone is a nice level for this. Targets could be the bottom of the ...

LeeThompson97 LeeThompson97 GBPEUR, 240, Short ,
GBPEUR: GBP/EUR Short at Channel Resistance
37 0 1
GBPEUR, 240 Short
GBP/EUR Short at Channel Resistance

We are approaching the top of an upward channel, this key area of resistance is a good area for a sell opportunity. This is supported by divergence, that suggests that the next peak will be lower than the last - which would fall at the top of the trend line. Before placing a trade wait until the candle closes, if the candle closes outside of the trend line the set ...

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