charts247
Long

LONG CABLE TREND RESUME

FX:GBPUSD   Pound Sterling/U.S. Dollar
33 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.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out