fxstraderomi
Short

Sell GBP/USD @ 1.5087 Target 1.50 stop Loss 1.5125

FX:GBPUSD   British Pound / U.S. Dollar
53 0 2
Sell gBP/USD             @ 1.5087 Target 1.50 stop Loss 1.5125

the daily RSI remains below 50.00, but still above oversold territory. Tpair is likely to see a renewed selling pressure around the hourly 50-MA at 1.5117, leading to a break below 1.5087 (61.8% of Apr-Jun rally). Failure to sustain above 1.5087 would open doors for a drop to 1.5027-1.50 levels.
Trade closed manually: exiting short at minor loss of 8 pips. @ 1.5095. Outlook stays bearish, but we can always re-enter
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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