jbndayifx

jbndayifx

When you look at H1, you will see that the price is dropping. Please, wait for it to break that trendline before selling the pair (GBPUSD). The risk/reward ration is very good!!

jbndayifx

We anticipate that the price of GBPUSD is going to drop due to the fact that it has reached two major resistances (downward trendline on M1 and resistance zone on D1). We would advise you to look for opportunities to sell GBP and buy USD.

jbndayifx

We anticipate that the price is going to drop down due to the fact that it has reached two major resistances (downward trendline on M1 and resistance zone on D1). We would advise you to look for opportunities for selling the GBP and buy USD.

jbndayifx

Right now, the price is on a upward trend-line which has acted as a support multiple times. We predict that the price will respect it and move upward again. If the idea is correct, our target will be at 81.500. Remember to use a good risk management and following your trading plan!

jbndayifx

Price has just done a quick retest of the broken resistance. We anticipate to see a big fall throughout the next week. Our last target will be at 1.77451 (there is another strong resistance when you look at a weekly time-frame).