As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=144.95.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=145.9.
TP4: R2=146.35.
Set the stoploss of these orders at breakout of S2=144.75.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
I've taken a short on this pair with my premium group and looking for a move to the downside. The consolidation area has shown a bearish candle pattern.
Trade safe and good luck!
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=145.8.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=147.
TP4: R2=147.75.
Set the stoploss of these orders at breakout of S2=145.6.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Last week we saw the pound hover around during Monday and Tuesday as investors were waiting for the parliamentary vote to pass. Having a negative outcome lead to the pound taking a tumble (I know I'm stating the obvious)
I am expecting a continued moved down this week breaking through a strong TL (Trendline) which can be seen via the orange line. Coming towards...
Pound/Sterling may hold some surprises. I have spotted a major curve suggesting probability for the upside. Just don't expect it go go up in a nice smooth way. Brexit is likely to hold some favourable surprises for GBP/ pairs in the longer term. Into April, expect high volatility and trouble.
Recently, I've realised that I'm glued to this pair. This trade will need some patience but an eventual down move is on the cards.
Trade safe and good luck!
If GBPAUD remains above 1.875 on the Daily then ignore the previous markups as they will be invalid. If it breaks 1.875 then more than likely it will be heading to 1.9000. Then I'll be eyeing up a short setup.
I went long on this pair yesterday and have now moved my SL to EP. I'm aiming for TP2, however if I see a struggle at the trendline I will close at TP1.
Trade safe and good luck!
3 days ago, I posted this great long term short opportunity and I have added short positions since. This trade may take a while to play out but tons of pips on offer and I have 4 TP (Take Profit) zones I am looking at.
Trade safe and good luck!
After a few bullish weeks for the pound it’s started to loose momentum, I would be incredibly careful trading this pair currently, however there is a good RR to have. Focus on any brexit news and keep a close eye on the trade.
Looking for a pullback to the support zone touching our trend-line for further conformation on candle formation and then long entries to the next target which is (150.785)
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=146.8.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=148.
TP4: R2=148.4.
Set the stoploss of these orders at breakout of S2=146.2.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
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