mikeycollins
Long

GBPUSD LONG - 70% likelihood!!

FX:GBPUSD   British Pound/U.S. Dollar
Bullish formation (Coil, breakout, above flash crash levels).

Post US election, GBP has seen steady gains against the USD which has itself rallied against major currencies (EUR, JPY, AUD, CAD).

UK Brexit looking less and less of a concern for investors as economic indicators are consistently beating expectations. Dire consequences have been priced in which are failing to materialise. Short squeeze likely.

Next 3-5 day target: Resistance and 100 DMA at 1.285.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out