Pound where to Go

FX:GBPUSD   British Pound / U.S. Dollar
31 0 0
As we can see from the D1 chart of GBP/USD             Dollar, the market show uncertainty after breaking the 1.58128 resistance. In the H4 chart, as we can see double top had been formed with weakened uptrend impulse. However this situation create a perfect entry confluence for many of the trader. (The circling part which consist of 38.2 retracement, trendline support, and also the key resistance support). We can expect long for the target again to the level of 1.61748 in long term. We can have a narrow stop loss loss at the level of 1.56915, probably giving us a nice 1:3 risk reward ratio. Speculative trend can be attempt.
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