Buy GBPUSD NEAR 1.2815/1.2775 SL 1.2745 TP 1.3000/1.3150 CURRRENT RATE 1.2834 THANKS
In 4 hours map pair showing sideways market and narrowing its the chart that shows breakout towards up or down. and lots of important news coming on the way so we will observe the next move and trade Today GBP have lots of news so trade wise. Get update on this idea on traderand.co
FOREXCOM:GBPUSD In 4 hours map pair showing sideways market and narrowing its the chart that shows breakout towards up or down. and lots of important news coming on the way so we will observe the next move and trade Today GBP have lots of news so trade wise. Check More details traderand.co
All idea is depended on Wave structure. An expanding wedge is a part of a flat in this case and it is completed or about to be complete. But this can be a or it is a start of the next impulse up which will be the C wave of the Flat.
Monthly chart of British Pound sends alarming signals for future of Britain and also future of the global economy.
As long as 1.2660 is support look for 1.3000 and 1.3130
The fall is then a possibility of rising
It will surely take a turn after small bearish move my suggestion is to go long on this....
FX:GBPUSD is repeating some sort of structure and moves from a consolidation region. A further look into that to see if it does play out like that or not.
GBP insights: GBPAUD: Focus on the parallel support which coincides with the 38.2% fib reaction GBPCAD: Focus on the lower end of the range and 61.8% fib reaction GBPCHF: Caution will be ordered if break below 1.2750 GBPJPY: Traced out a near-term price top GBPUSD: Focus on the parallel support GBPNZD: Focus on 50.0% and 61.8% fib reactions GBPUSD: Focus...
Breakout and retest of rising trend and consequently formation of doji on daily time frame create a bearish bias. Use sell @CMP, SL@1.319 TP@1.297
Breakout and retest of rising trend and consequently formation of doji on daily time frame create a bullish bias. Use sell @CMP, SL@1.319 TP@1.297