Unique4xPro
Short

GBPUSD Potential Short Signal Update

FX:GBPUSD   British Pound/U.S. Dollar
7 months ago
TRADE UPDATE
Previous analysis:
GBPUSD Potential Short Signal

Please see original analysis linked below for in-depth explanation of our short bias.

We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the downside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the downside with a chance prediction of 69%, but we will continue to monitor price action and the updates from our algorithm.

See the link below for an image of our algorithm's forecast for this pair.
http://i.imgur.com/uo7pPcs.png
7 months ago
Comment: Updated
GBPUSD Potential Short Signal Update
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out