ForexWeeklyAnalysis
Short

Short GBP/USD 1.6715 (78.6% fib level) & 1.673X (Trend line)

FX:GBPUSD   British Pound / U.S. Dollar
205 3 2
Two possible levels of interest for potential shorts on GBP/USD:
- 1.6715 was previously rejected during the second week of March and is also the 78.6% fib level
- 1.673X is approximately where price will meet the downward trend line if it's hit today, however, the 'real' level is around 1.674X (refer to Feb/Mar rejection levels).

Consider exiting if price closes above 1.6750.
Target 1: 1.654X
Target 2: 1.646X
will you try another short now?
Reply
Nope, got stopped out of EUR/USD and USD/CAD, so that means the last batch of trades didn't work out = sign for me to take a short break.
Reply
Got stopped out at 1.6750....
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out