GBPUSD is showing selling opportunityWe saw perfect long trade on GBPUSD >
at this moment rally is at its resistance we see great opportunity to sell gbpusd.
it can be early to jump on trade but keep watch and trade
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Gbpusdshort
GBPUSD Short term Long Then Big Sell Off !!GU has been in a daily correction since August,2018.
Based on EW count it has been making a flat correction and now C leg of that flat is about to be completed.
Based on price action I'm still anticipating one more move UP to break previous high and then make its way down.
GBPUSD: SELL at 1.28600 with SL 1.29315 Target 1.25260GBPUSD on FX can be Sold at 1.28600 with SL of 1.29315 and Target of 1.25260. Its a good opportunity and has consistently taken resistance at down-trending line. Take advise from your financial advisor before investing.
GBPUSD analysisGBPJPY bearish opportunities as it is in overbought region the price might down till touching 1.38500 areas
small divergence forming in sterling a time for short sella clear divergence have been formed between market trend MACD indicator which indicates a strong reversal of trend as market has been consolidated for a long time on pivot point
any break could cause a good fall for sterling with a target of 1.2778,1.2699 and 1.2564
alternate scenario any break above 1.2989 may continue the buy trend
Happy Trading
