charts247
Long

LONG CABLE TREND RESUME

FX:GBPUSD   British Pound / U.S. Dollar
34 0 1
GBPUSD:
Cable is showing signs of recovery and we are accepting the offer of a nice pips upside.
The pair fell out of the ascending trendline , but the trend is still intact and strong.
We have a mini structure at 1.5444 which was broken today, but the pair have stalled at the significant point 1.5353.
Here (1.5380) we are going long with a stop placed below the low 1.5350
Note: The trend is what we are trading here, after a huge selloff like this it is worth the risk to follow the price from this sort of significant level.
First target = 1.5811 before further advance.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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