GBPUSD
Expecting more upside movement with gbp.
Moving sideways right now. Overall trending up. I am looking for a nice push to the upside where we can secure a good entry for a short and right it back down.
GBPUSD bounced off 1.2800 where it could potentially rise further to 1.333.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD still seems to be stuck in consolidation. I will remain sitting on my hands for the time being. As you may know GBP moves very violently and recently is heavily influenced by fundamentals. So it is always wise to be cautious.
GBPUSD bounced off 1.29072 where it could potentially rise further to 1.29682.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
The pound traded in the range between 1.2781 and 1.3018.
Breaking one of the lines will spark serious ups or downs.
The trend in the daily graph is an upward trend.
Target: 1.30
GBPUSD is expected to drop to 1st support at 1.29072 where it could potentially react off and up to 1st resistance at 1.29682.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD bounced off 1.2800 where it could potentially rise further to 1.3330.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD bounced off 1.2800 where it could potentially rise further to 1.3330.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD reversed off its resistance at 1.28722 where it could potentially drop further to 1.27697.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD bounced off 1.28978 where it could potentially rise further to 1.29731.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD reversed off its resistance at 1.29731 where it could potentially drop further to 1.28583.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD reversed off its resistance at 1.29731 where it could potentially drop further to 1.28583.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Positive momentum in the daily trend although the trend is bearish.
The gbpusd will rise to 1.31 to test the trend line 200 as it has been done several times as seen in the above graph.
Target: 1.31
