JGU
Short

GBPUSD IN 50% MONTHLY RETRACEMET

FX:GBPUSD   British Pound / U.S. Dollar
50 0 2
On June we reached 50% FB             , on July we had a Inside Bar that couldn't break the closed price of June.
We are in a resuming consolidation stage.
1,5712 is key to try to go 1.69055

In my humble opinion price will try to break 1.49041, or at least, if you want to be more conservative price must try to move itself next week between 1.5712 - 1.52898

Any position short with a stop above 1.5880 and with a target to 1.49041 targeting first profit in 1.52898 would be a very good entry.

We are now right in the 50% FB             retracement of monthly range too. Same occur in week frame time.

Regards

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
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