On the fundamental basis, with the contrast of Brexit, GBP is set to fall due to uncertainty. With A technical outlook, it is also a more bearish signal. Also, a major approach is that it is over-valued in the market, from a stochastic parameter. As a conclusive remarks, GBPUSD should start to fall slowly in the coming days.
Hi traders. EURUSD is currently forming a strong short, its very expected to stay short for the next 3 or 7 hours, which can make us profit between 200 pips. because thats what I aim for. I care about pips, not profits as most traders do. Its what brings me money in long term. I will be updating this chart as time goes by. It'll surely be a good trade. Stay ...
We see a clear Wedge continuation, the EURO has been hit by the official BREXIT, its possible it can gain a little strenght over night, but over all, we see a very good possible trade here. When EURUSD breaks the 38,2 Fabonacci resistance, we will se a neckline, go short when it break 1.07430, then we will se a price break.
Hello Dear Traders & Welcome To Growing Forex The Pair Is Inside the Bearish flag pattern.A breakout would open doors at 1.0715 levels. Look At My Previous Update For Any Information. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team