UnknownUnicorn5176330

GbpUsd Rate at 1.3482 High

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
13/12/2019 GbpUsd Rate - At 1.3482 is considered as the All Time Daily Bar High at this stage within the Channel Range.

At this time I`m looking at a Return Lower with a view that 1.2568 - 1.2568
Will provide the answer towards the Continuation Swing Low Phase of the immediate Channel Pattern Range.

Again Stop-loss Placement just above the high of the Resistance Level at 1.3581
Comment:
12/12/2019 Cable sprinkling high towards 1.3482
gap trend as well - Is New Resistance Level within the Channel Range Pattern - Entry Lower Expected at 1.2568 is at 61% Bar Low on the Daily Chart.
As recorded within Live Chat.
Trade active:
Early-Morning 13/12/2019 As perceived and viewed again after collecting further information gathering as A Result I consider the trend a little bit short shorter than expected -
So prepared to consider Further Highs may become apparent from Support Level at 1.3289 1.3289 and if Price keeps above this Level -
Towards Higher High Pricing at 1.3742 As Full Trend Extension to the Cable Channel Range.
Trade active:
Mid-Afternoon 13/12/2019 GbpUsd Rate - From Support Level at 1.3289
Possible Continuation Higher High onto 1.3742 - 400% percent Fibonacci Gauge.
I have an opinion that the Daily Bar Level should be a little Higher at the 70% 1.3742 percent bar on the Daily Chart High.

And not as Percent Recorded Level of 61% Bar at 1.3482
Trade closed: target reached:
16/12/2019 EurUsd Rate Current Trend Spot Price 1.3349 - Possible Support Level 1.3298 or Breakout Trend Price Rising towards 1.3455.

Mid-Afternoon 13/12/2019 GbpUsd Rate - From Support Level at 1.3289
Possible Continuation Higher High onto 1.3742 - 400% percent Fibonacci Gauge.
I have an opinion that the Daily Bar Level should be a little Higher at the 70% 1.3742 percent bar on the Daily Chart High.
Trade active:
GbpUsd Rate Spot Price 1.3324 - Newly Revised GbpUsd Rate Support Level towards Continuation Higher Trend -
GbpUsd Rate Mid-Evening 16/12/2019 Possible Support Level 1.3278 & 1.3281 or Breakout Trend Price Rising towards 1.3455.

Lets see what happens - Expected Outcome is that Price will Push higher.
Sorry for mistake made above by saying EurUsd Rate.
Order cancelled:
Trading Cancelled Reasons: GbpUsd Rate - Support Level Price broken below 1.3281 trading on this Rate as been cancelled.

GbpUsd Rate Early-Morning 17/12/2019 Expected Possible Support Level 1.3278 & 1.3281 or Breakout Trend Price Rising towards 1.3455.
Trade active:
Position re-opened - 17/12/2019 Mid- Afternoon - GbpUsd Rate Newly Revised Support Level from 1.3173
low & 15 Minute Chart Bar Entry Low
I look at Cable Price Returning towards the Higher Side of the Pricing Range and towards Previous Set Target at 1.3742
As well with An additional New Set Target Higher and Full Resistance Level at 1.3871
Comment:
An Hour Late - 17/12/2019 Update on GbpUsd Rate - At between 1.3136 to 1.3094 should set the Higher Volume in Motion - New Support Levels towards continuation - Higher Trend Target at 1.3871
Trade active:
12/12/2019 Cable sprinkling high towards 1.3482
gap trend as well - Is New Resistance Level within the Channel Range Pattern - Entry Lower Expected at 1.2568 is at 61% Bar Low on the Daily Chart.
As recorded within Live Chat.

13/12/2019 GbpUsd Rate - At 1.3482 is considered as the All Time Daily Bar High at this stage within the Channel Range.

At this time I`m looking at a Return Lower with a view that 1.2568 - 1.2568
Will provide the answer towards the Continuation Swing Low Phase of the immediate Channel Pattern Range. New Forecast at Lows include 1.2525 & 1.2393

Again Stop-loss Placement just above the high of the Resistance Level at 1.3581
Comment:
24/12/2019 Few Minutes Later - Gold Rate Updated - New Forecast Lows - Include 1.2525 & 1.2393
Trade active:
26/12/2019 Cable-GbpUsd 1.3010 as possible Resistance Level
towards continuation Lower.
1.2486 - 1.2393 as New Target Lows.
Is at 61% bar on the Daily Chart Low.
Comment:
27/12/2019 GbpUsd Rate - Sell Level 1.3080 - At 100 percent accuracy rating - Check it Out.
Resistance Level - Was at 1.3010 Price adding an additional 1 minute bar to High - Bring Present High at 1.3080.
Trade active:
24/12/2019 New Gbpusd Rate - Sell Level 1.3080 only 35 pip overbought value on this occassion.
Forecast at Low include 1.2525 as Support Level.
Order cancelled:
29/12/2019 Trading Cancelled to the Downside - Reason is that
GbpUsd Rate appears to have more Uptrend Consumption towards
1.3170 as Final Target High - before lower low will take place at 1.2525
Is at 61% bar low on the Daily Chart.
Comment:
GbpUsd Rate looks like breaking down at 1.3123 target low 1.2525 at 61% bar low on the Daily Chart.
30/12/2019
High should be allocated at 1.3161 & 1.3170
Comment:
30/12/2019 Cable Price still having trouble finding the 39% Percent Bar Retrace to the high-side at 1.3170
Once established Price should resume on within the Current Trend Range which is Down.
And is allocated at 61% percent of on the Daily Chart Low at 1.2525
So expect Downtrend Trend Mode after a visit to 1.3170
As short term high.
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