newbie2016
Long

GBPUSD Long Setup

FX:GBPUSD   British Pound/U.S. Dollar
507 25 14
Details on chart.
Comment: GBP/USD Update

GBP/USD Possible Head & Shoulder Pattern Setup
Comment: Closed at 1.415 with 132 pips profit.
i believe still more room for down
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newbie2016 Gbprider
yes possible.. thats why sl. is below 1.38.
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Gbprider newbie2016
whats is ur view for gbp/usd , do u feel any correction ?
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newbie2016 Gbprider
my view is my chart.. i see same scenario as we saw last time when Scotland issue was up... gbpusd opened with weekend gap from 163.3 towards 1.617.. and then without filing gap it went towards 1.60 and from there it reversed up towards 1.65.

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Gbprider newbie2016
ok ... it's already broken
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newbie2016 Gbprider
yeap.. lets see how it play around 1.385 figure.. i see jumps from there..
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Gbprider newbie2016
the gap should closed on the day itself , but it does not , & also bearish kicker signal. atlast done the damage for the gbp/usd , i dont feel the gap will close until june 23 .

there is not reason to go up . it will not go up even 1.41

but who knows this is forex anything can possible
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newbie2016 Gbprider
man... 23 june is way tooooooooooooooooo far to fill gap...!!! and its not a small gap.. its more than 100 pip gap... you will see soon gbpusd back up... gbpusd respected 1.385 figures.. so like i said earlier that it will struggle for sure.. but it will make up above 1.44 for sure..
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newbie2016 Gbprider
since it come up again towards 1.40.. but it can still reverse back towards 1.39..
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Gbprider newbie2016
it will reverse :) i dont see any positive thing to support the gbp
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Gbprider newbie2016
gbp death support broken ... more fall expected
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newbie2016 Gbprider
1.382 is next target... but it is still supportive above 1.385 so far..
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Gbprider newbie2016
do you still think it will rock to up ?? since everything against gbp brexit issue will grabbed the pair to the down
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newbie2016 Gbprider
Please check my message above.. i told you 12 hours ago.. that it can still fall towards 1.39... so as far as it is above my sl. i dont care :)
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Gbprider newbie2016
heheh ok :)
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newbie2016 Gbprider
please check my other deals as well.. all other deals went into my favor.. and yesterday as well.. so i am stuck into gu.. but my average is going good so far with other deals..
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Gbprider newbie2016
ok i will look .. even i am doubting since it went straight around 600pips without any retracment
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Gbprider newbie2016
what u think of 1.3850 support ?
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newbie2016 Gbprider
there are many tp for 1.382.. might it drop more towards there.. but dont know.. friday :)
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Gbprider newbie2016
ok thanks for the info
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newbie2016 Gbprider
your welcome!
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newbie2016 Gbprider
catch now train of gbpusd for 1.425... short term tp is 1.40 then 1.41

Long gbpusd from 1.3825
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newbie2016 Gbprider
so now here is sell setup for gu... last 4 days provided good support for gu bulls with nice Head & Shoulder pattern.. so I think we are going to test 1.405 and below..

GBPUSD Sell
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newbie2016 newbie2016
exited gu sell with 20 pips profit.. going long on euro..
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newbie2016 Gbprider
finally some recovery... with head and shoulder pattern... lets see how far it takes it...
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