ForexTrendline

GBPUSD analysis. Key levels!

Long
FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBPUSD reached 1, 40 . At the same time EURUSD is at 1,20


After the FED interest rate decision yesterday, we saw a stronger USD
and a sharp drop on both these pairs, which took price to their support levels.

Right now those moves could continue to the next possible levels,
but we expect it to end and therefore price will reverse and go back to the upside.

We suggest that you don't enter short but look for a trend reversal on the lower timeframes with a long bias.

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Comments

almost sl )
+2 Reply
ForexTrendline hafiz.nezereliyev
@hafiz.nezereliyev, You don't have SL? Come trade with us! Or you are a paid writer
Reply
thanks for sharing
where is your target bro?
Reply
Great work, we have something similar.
What do you think?
Reply
ForexTrendline SunnyHillCapital
@SunnyHillCapital, Thank you, I think there is reason to believe that this level is strong. Keep it up!
Reply
I got the same view
Thanks for sharing
Reply
ForexTrendline OptimoomFX
@OptimoomFX, You are welcome!
Reply
perfect work thanks for sharing
Reply
ForexTrendline AIRFOREXONE_
@AIRFOREXONE_, You are welcome!
Reply