Aero_FxTrading

GBPUSD: ABOUT TO EXPLODE

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hello traders and wellcome to another idea!

GBPUSD is moving very bullish , creating HL, if it breaks 1.3980 and stays above we can look for trend continuation.

Also check my previous ideas, and leave a like!

Thank you very much Good luck!

Comments

thanks Bro
I'm have Buy position
Reply
Fundamental perspctive. Gbp is still strong and getting even stronger, usd is weak.
Technically, the price stopped and started to make higher lows, but has some problems with 1.3980 on the other side. 1.3930 was tested multiple times and it is showing strong support
Its friday so the markets are colled down. This analysis is now useless beacuse markets will gap and we dont know what moday will bring us, but we will definitely look for buys.
Reply
@Aero_FxTrading, gbp has been artificially strong. It is time for reality to sink in (brexit, economy, etc)
The dollar reach the bottom and with vaccine rollout usd will go up now.
+1 Reply
Aero_FxTrading Aero_FxTrading
I agree, that was probably a short squeeze. It was looking good, but I don't like how we closed bellow support. Might switch my bias.
Reply
why it is Long?
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