GBPUSD broke the quarterly low. HTF im looking for a sell setup but internally i think there's an opportunity to scalp towards supply zones. Here is a 15m supply and demand refined markups. I just posted 15m due to chart restriction on resolution.
Today the results of the US GDP (QoQ) (Q2) were released stating: Actual: -0.6% Forecast: -0.8% Previous: -0.9% The results were slightly bullish though economists believe that this is still well under inflation numbers and that the economy is doing better. Still investors and banks are worried that Powell may raise rates at the end of September. Tomorrow Powell...
GBPUSD buy area, medium risk great key lvl,fundamental, RSI over sell
XAUUSD has Breaked the main Support level in daily chart now it has maximum Chances that it will touch the Price level 1750. Keep in touch we will update further soon.✅💯 Always trade With Confidence✌️
Possible short position upon reaching the 50EMA and 50SMA. TP would be around lower low around the trend line at the bottom. Factor supporting this is UK GOV release of umemployment figure, outlooks does not look promising according to ONS due to COVID19 Constructive feedback is welcomed.
Get a chart up, find some key levels and look at how well price respects them and how many pips you could have munched on buying and selling off these levels... No indicators were used here, just nice clean charts. SIMPLE is better in forex and if anyone tries to tell you differently then run a mile ;p Think of it this way, we all know the world is corrupt so...
Signal no.2 Buy Gbp/Usd @ 1.2868 Tp - 1.2940 & 1.3010 Support around 1.2848