GBPUSD 4H Short Resistance: 1.31750 Support: 1.30742 - 1.30216 This is not investment advice
GBPUSD 4H Short Support: 1.29500 This is not investment advice
Our preference: short position below 144.75 with targets at 144.00 & 143.55 in extension. Alternative scenario: in excess of 144.75, aim for a continuation of the rise with 145.35 & 145.70 in line of sight. Comment: as long as 144.75 is resistance, trading range with a bearish bias.
Just entered short $gbpusd looking for a small retracement before a potential move higher
GBPUSD POTENTIAL SELL ENTRY, WATCH RESISTANCE LEVEL AND PRICE ACTION
Sell below 1.3006. Stop loss at 1.3053. Take profit at 1.2929. Reason for the trading strategy (technically): Price has bounce up and reached our profit target. We prepare to sell below 1.3006 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a drop towards at least 1.2929 support (Fibonacci retracement, Fibonacci...
GBPUSD 1H Short Setup and Long Setup Support: 1.29400 Resistance: 1.29800 This is not investment advice
GBPUSD prediction in 12 days Ghost feed
Notre préférence : position vendeuse en-dessous de 1,3060 avec des cibles à 1,3000 & 1,2950 en extension. Scénario alternatif : en dépassement de 1,3060, viser une poursuite de la hausse avec 1,3085 & 1,3115 en ligne de mire. Commentaire : le RSI est mitigé avec un biais baissier limité.
Sell below 1.3170. Stop loss at 1.3257. Take profit at 1.2820. Reason for the trading strategy (technically): Price is approaching major resistance at 1.3170 (Fibonacci extension, long term swing high resistance) and we expect to see a reaction off that level for a drop to at least 1.2820 support (Fibonacci retracement, horizontal overlap support). Stochastic...
The resistance level of 1.3049 was not breached. It is possible to form a descending model 3W. The target level may be a long-term support level of 1.2106.