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Long setup for GBPUSD, As overall we are in bullish trend and we have a good risk to reward ratio for the current price.
WE SHOULD SHORT MOST GBP PAIRS THIS WEEK AS PER POUND INDEX. GBPUSD GBPCAD GBPCHF GBPNZD GBPAUD
British pound attempted a recovery on Monday and reached the highest level since July; however, the upside failed to gain traction. GBP bulls seem to have bumped into a brick wall on the approach to $1.2350 despite some positive developments on Brexit front. Speaking at a press conference with the Irish leader Leo Varadkar, the U.K. Prime Minister Boris...
Strong resistance suggests short option and zone targets 1 and 2 most like;y. If break through hard resistance then target zone for long marked.
Analysis of GBPUSD 13.06.2019 by PaxForex The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short...
wait to buy GBPUSD, there will be update of this swing trade.
this is gbp index so buy all gbp pairs
We are trading 4th leg of the predicted shark pattern. We are looking for price action to break the yellow trend line which will take us to out targets on the 1st and 2nd green zones, which will complete the pattern as well. NASDAQ:GBP
A combination of disappointing UK data and dollar demand sent the pound lower on Tuesday. After a break below the 100-DMA and the 1.30 handle, GBPUSD accelerated its downside move and remains under pressure today, extending the losing streak to a fifth day in a row. Brexit negotiations deadlock adds to the bearish pressure on the cable. It is reported that...