Price shot back into my descending channel , do you think it will break to the upside , i have been avoiding trading any pound pairs lately, however is this recovery long term or short term ? i stick to what i see on the chart , maybe some fundamental analysis would say otherwise, it would be interesting to get a different perspective.
All gbp pairs shot up yesterday as positive brexit news. Very heavy on the fundamentals with gbp at the moment.
webster.robesten
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@Ogman1, thanks for the response ,i had not been paying much attention to gbp lately just NZD.
you trade news ? and also did you manage to catch the movement on GPB early ?
Ogman1
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@webster.robesten, I trade technicals but check news for confirmation or rejection. Any gbp pair should be backed up by fundamentals at the moment. Yes. Caught it. 🙌🏼
webster.robesten
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@Ogman1, that's a good way to use the news, i've just never thought about implement them to my strategy , deffo will try it now & that's blessed that you caught it early.
Ogman1
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@webster.robesten, yeh it works really well. I can’t take all the credit though. I’m working with a really small but very good team of Trader’s like yourself and we all just help each other out. Are you trading solo? I was going to start another group soon if you wanted to join in? 👍🏻
webster.robesten
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@Ogman1, yeah i'm trading solo atm & yeah sure i don't mind joining a group, pm me or something for sure.