SignalSwiss

GBPUSD: Pullback and new High Swing?

FX:GBPUSD   British Pound/U.S. Dollar
596 7 20
Technically speaking, the cable gave a false bearish signal, and it often happens that when there is a false breakout, the market's going to break the resistance on the other side, this happened.
In the last 10-15 years, during the election period in the UK, the pound has always lived a bear market, but so far, the cable Sebra be set for a further bullish extension.
If we look at the W and M time frame, we see that both signals are bearish , while on the daily chart and H4 trend has become strongly bullish .
I expect some pullback, but this should be interpreted as a buy opportunity.
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This is the analysis that we published about a month ago: If you look at the graph on the bottom right, you'll notice that this rebound was already planned.

GBPUSD: Trading Strategy (Part 1)

This graph shows the analysis of the false breakout:

GBPUSD: false break of the lows or bearish continuation?

And finally, this was our last analysis published:

GBPUSD: Resistence


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snapshot

lookin to short retracement too
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yes of course...:)
+1 Reply
So we should wait for it to come down and then buy?
+1 Reply
That's right , wait the pullback and go long , is the most correct and defensive strategy , given that the trend is bullish... good trading !
+1 Reply
nice work!
+1 Reply
nice work
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SignalSuisse, is as I said, on the home page are published with evidence the same people and I honestly do not even understand the criteria, i don't know....
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