UnknownUnicorn5176330

GbpUsd Pair at 1.2990 Resistance level

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
GbpUsd Pair at 1.2990 is considered as the Resistance Level to the Current Trend Phase - Expected Target Low will include 1.2509 as Support Level - There is further high side Volume seen at the 241% bar at 1.3111 although from past experience I do not expect Price to be interest within this Higher Level.
Trade active:
GbpUsd Pair-Thanks you for agreeing there`s a probability of 1.3111 at Resistance Level only if the trend rises.So keep your stop-loss just above this level at 100pip Stop-loss at 1.3124
Trade active:
Just to add further Comment - 31/10/2019 A Possible 1.3111 at the top of the range 241% bar of the present range high - but at 38% bar high at 1.2990 I find this Price is sufficient before Price will turn about in the other Direction - At Low Support Level I look at 61% bar at a return Low. Before extreme Breakout trend higher. Targets High include 1.3895
Trade active:
Just As Global Market News Updates - On all the Pairs I cater against - I now consider that 3 Currency Rate Pairs are In-Line and at 100% Accurate Rating. these include the EurUsd - Gbpusd - WtiOil Pairs. I start with GbpUsd Pair - As a Continuation Swing High trend Resistance Level is seen at 1.3014 there remain scoop higher towards 1.3128 but not above this Level.
With A Set Target On Return Low placed at 1.2359
Before further Continuation onto the Higher High Phase is seen at monthly chart cycle Higher set at or near 1.3870
Comment:
07/11/2019 A Market Update - GbpUsd Rate Spot Price 1.2838 - Expect Outcome is that the rate will continue on Lower towards my target set at 1.2359 at support level. So more good news from forexcandles.
Comment:
11/112019 GbpUsd Rate may have extra high at 1.3033
5-minute chart high only.
Trade active:
12/11/2019 Late Evening Spot Price 1.2850 looking for a break below 1.2816 towards continuation lows at 1.2359 trend is Down - Follow along at forexcandles towards learning how to trade the currency pairs effectively.
Trade active:
11/112019 GbpUsd Rate may have extra high at 1.3033
5-minute chart high only.
Comment:
We are at Currently at A 38% percent bar retrace high - and the bar is then equal too 200% bar on the h1 chart high - So validates the index as the trend is In Down- and at a down-trend stage - Not these Signals in between - Signal is NOW set at at 100% Accuracy

Here`s Current Signal & Forecast - It is Just Below -
12/11/2019 Late Evening Spot Price 1.2850
Looking for A break below 1.2816 will validate the index towards continuation lows at and towards 1.2359 at support level trend is Down -

Follow along at forexcandles towards learning how to trade the currency pairs effectively.
Comment:
15/11/2019 GbpUsd Rate or the Cable Rate at 1.2915 should cover the present inside bar swing high phase - As A Higher Low trend - Expected Outcome is Price should add Consolidation Trend towards 1.2359 at 61% bar low.
Trade active:
A Market Update - 18/11/2019 GbpUsd Rate At 1.2973 is seen as the overbought value mark -

Towards Further Consolidation Trend and A Return Back towards 1.2359 at 61% percent bar low on the monthly chart cycle - Before the Current Up Trend Phase will resume again - and make an increase into the Longer Term Pricing Structure at New Season Highs.
Stop-loss placements just above this Level Resistance Level at 1.2973
100% Accuracy Rating
Comment:
20/11/2019 Early Afternoon - GbpUsd Rate from 1.2884 low
A Possible swing high phase attempt is being made into 1.2966

As an inside bar return high - Expected target low is centered on 61% bar low of the current daily range high. at 1.2997.
Trade active:
21/11/2019 Early Afternoon - A Market Update at GbpUsd Rtae
There appears to be An Unexpected Rising in Price - Instead of the intended low at the 61% bar at 1.2359

Cable Price Appears to be Rising in Price over the Top of 1.2973 - Most Recent High
If this be the case - Then Targets High with include 1.3121
Before Consolidation Effect will take place - Only if Price continues to Rise above 1.2966 & 1.2973
Comment:
Minutes Later - GbpUsd Rate - Trend now identified as the 241% percent on the h1 bar higher
So expected Consolidation Effect at 61% bar low - Should take place after this Current Trend Phase Higher is complete -

Which is more really good news for all trading and following my Live Trading Calls.
Thank you for being More than Patient which is whats counts when trading the Markets.
Trade active:
GbpUsd Rate Target Reached at 1.2966. Manually Closed.
Trade active:
12/05/2020 Cable or GbpUsd Pair Rate - Looking at 1.2288 & 1.2268 as A Secure Support Level towards A Continuation Up-trend Phase - target high 1.3252
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