FUNTRADER-Vera
Long

GBPUSD: CHANCES FOR NEXT WEEK

FX:GBPUSD   Pound Sterling/U.S. Dollar
844 15 25
Traders,
This is my first time to give more details on my strategy for this pair.

First of all, my first trade on this pair next week must be long.

Now it just need to decide when to enter.

As my chart shows, I am waiting for a divergence for GBPUSD             , so could be two choices for entry :1.31043and 1.29715.
The decision will be made depends on how it go and stop loss only allow 50-30 pips.

FIBO382 1.36409 is my first target
THEN FIBO.5 1.39039
THEN FIBO0.618 1.41670

I will also track retracement for this pair, pls             keep attention on my chart.

Trade with plan and technique.
And wish you all good luck!
Comment: This trade could be half in now.
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Still you believe this will go up ? I see a new low for pound
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Agree. Long till Carney strikes with cut and stimulous is a good idea. ! Thanks.
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Couldnt agree more.
But I focuse more on techniques than news.
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THANK YOU
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FUNTRADER-Vera PRO ThuhthuThuthus
welcome.
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dont buy till rsi BELOW 30 when RSI sustain above 30 and retasted 30 lavel and going above 40 lavel its best time to buy . otherwise below 40lavel RSI its seem to be sideways
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interest rates for GBP go to 0.25% next time, i think that GBP go short
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Yes, but that is not the way you trade to get money.
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Hi Vera, I saw your profile. It's great to know that you are based in Australia. I'm based in Melbourne, if we have a chance to meet and trade together ?
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cool, thanks!
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