At the time of writing GBPUSD is trading at 1.3338, the pair opened up with the gap of almost 100 plus pips as mentioned in last analysis we entered into buying and closed the buy above 1.3420, from their the pair was rejected on H4 we sold the pair as per our analysis as mentioned in last analysis can be checked and verified because of brexit we expect the...
GBPUSD pair is trading at 1.3352 If the H4 candle closes above 1.3400 we will buy the pair for target 1.3530 on other scenario if pair fails to break and close below 1.3400 we will short the pair for target 1.3320 and positive break below that will open ways for 1.3220
GBPUSD pair traded last week making high at 1.3476 and low on Friday at 1.3132 closed the week at 1.32178 keeping in view price pattern of last week the pair faced selling pressure. In previous analysis market followed and respected the trend line however closing below the trend line on H4, we can say market has entered into bearish market for the time being...
Presently the market moved as per prediction we would be looking for buying opportunities from range of 1.3275- 1.3285 at the moment price is 1.3322 slight upward and than downward move toward 1.3285 range is possible therefore we will wait and look for buying from 1.3285 range with target 1.3380 range Disclaimer: Its not trading idea these are purely market...
GBPUSD is trading at 1.3396 at the moment the price likely to go 1.3406 and than drop to support trend line which is 1.3308-1.3287 i will be looking for closing of H4 if it closes below 1.3408 i will short the pair, this is purely my analysis trade at your own responsibility