WedLevel

GbpUsd Complete view for market movement!

WedLevel Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD
CURRENT PRICE: 1.2982
TIME: 11/03/2020

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SHORT-TERM: range between 1 day to 1 week
the main direction at short-term is DOWN, so Will look for Sell Entry, aiming 100-150 PIPS , TP around 1.2841.
• Every moving UP is opportunity to Sell aiming 100-150 pips.
• any Buy action will consider as sculping, will be targeting TP1: 20pips.
• any Buy action Either sculping or Intraday , SL 20-40 pips.

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MID-TERM: range between 2 Weeks to 2 months

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LONG-TERM: range between 2 months to more
the main direction at Long-term is UP ,and it will start around 1.2910 or bellow (1.2846), so there Will look for BUY Entry, aiming 750 PIPS , TP around 1.3795.
• Every moving downward is opportunity to buy aiming 400-750 pips.
• any Sell action will consider as sculping, will be targeting TP1: 20pips.
• any Sell action Either sculping or Intraday , SL 20-40 pips.

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Risk management: each 1000$ open 0.1 lot
my regards for all!
Comment:
Price very close to first TP
we might see at this area 3333 price drop down 100-120pips then continue to TP2: 3795
Comment:
PRICE HIT 3390 , reach 400 pips.

now will see some correction and them might see market continue upward to reach 3795 (700 pips )
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