market seems uptrend but also look for major resistance 1.28843 also look for both down and upside breakout of symmetrical trianle
The daily is turning up against the March 2020 lows at 1.1412. The 4 hour is turning down against 1.3485. The 1 hour right side is down against 1.2866 to correct the cycle from the March 2020 lows. While it shows it will remain above there later it can see another swing higher to correct the cycle lower from the 2018 highs at 1.4384. BUY...
i will be looking to sell GBPUSD once it breaks my support
Hi traders, Great britain pound against US Dollar , has seen a down and sideways last week , towards the beginning of the new month,Price action suggest that this pair expected to make little bullish in the starting of the week upto 1.29 area , supported by the concept of weak Dollar at start of the week..after a corrective movement again it may go bearish...
Rejection occurs from the Fibb 0.382 level which give the strong opportunity to sell it. MANAGE YOUR SL ACCORDING TO PRICE ACTION .
Break of support and Retest in a Downtrend makes a perfect sell signal .......... Best Of Luck . . . .