GBPUSD did not make much of a move in Week 15, instead, it spent most of its time ranging. This is a perfect market for day traders and traders who go for 30 to pips each trade.
In Week 14, the analysis pointed GBPUSD to make a bullish move in Week 15, while it did rise a little, it is doing in a ranging fashion.
For all the long traders in Week 15, profits could be made. The same goes for short traders in Week 15.
Week 15 was generally less risky and had good opportunities for traders on both sides. In Week 15's analysis, it continues to point to the possibility of a bullish movement of the GBPUSD.
Since it is still at the same level as Week 15, I will continue to take a long position in Week 16, waiting for the bullish move to be made by GBPUSD.
I hope all traders continue to make a good profit in the coming Week 16!
If my analysis helped you in any way, I hope you can like and follow me on TV! =)
In Week 14, the analysis pointed GBPUSD to make a bullish move in Week 15, while it did rise a little, it is doing in a ranging fashion.
For all the long traders in Week 15, profits could be made. The same goes for short traders in Week 15.
Week 15 was generally less risky and had good opportunities for traders on both sides. In Week 15's analysis, it continues to point to the possibility of a bullish movement of the GBPUSD.
Since it is still at the same level as Week 15, I will continue to take a long position in Week 16, waiting for the bullish move to be made by GBPUSD.
I hope all traders continue to make a good profit in the coming Week 16!
If my analysis helped you in any way, I hope you can like and follow me on TV! =)
