As we said earlier GBPUSD forming Double Top and now it formed which signals strong bearish moves in next few days. Gbpusd broke the support trend line which will fuels bearish setup. We expect it to go further down.
It has been a while I posted here. I caught a bug around June so I had to take a break to get proper treatment and heal myself.
Remember guys! Your health is your greatest wealth. The market is going nowhere, it will always be there as long as the human race continues to exist.
Trading has to deal with mental and psychological wellbeing. When you're...
GBPUSD reversed from the 1.3175 level. I wrote about the possibility of such a pullback in my previous GBPUSD ideas. However, at the point, it is important to figure out if this is a reversal or just a small correction.
1.2980 is a support level. So, only a break of this level will imply that the uptrend is broken. As long as price stays above the 1.2980...
In my previous #GBPUSD idea, I told you to buy at the 1.3030 level and target the 1.3150 level( idea link attached below). As you can see, price reached the 1.3150 level yesterday.
However, GBPUSD pulled back from that level possibly creating a Double top formation.
If #GBP/USD stays under the resistance level that I have marked in my chart, it is possible...