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VasilyTrader
Oct 27, 2019 8:04 AM

GBPUSD: Trading Plan For Next Week Long

FX:GBPUSD60
British Pound/U.S. DollarFXCM

Description

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Last week GBPUSD has retraced from 1.3 level
and currently, the pair is consolidating within a falling channel.

I believe that bears will continue pushing the market lower
and buying volumes will consolidate in 1.27-1.28 area.

Our trigger will be a bullish violation of a falling channel.
Target levels: 1.29/1.30
Trend AnalysisWave AnalysisChart PatternsForextradingTechnical AnalysisGBPUSDGBPUSDpounddollarCurrencies
Comments
KattyM
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To many lines makes you guessing for this trade. i prefer step by step trading level to level trading in the right way. keep going with your work
VasilyTrader
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@KattyM, thank you)))
VasilyTrader
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