* The chart has broken previous daily resistance, however buyers seem to be stalling. Watch that daily candle close for confirmation. Scale in.
* SHORT TERM TRADE
* continuation trade to the Downside.
Target : 1.23544
STOP Loss : 1.25508
GBPUSD has pushed through Significant resistance. The moving averages have know crossed and price is above for the first time in a while. Looking to add here on a pullback at the 1.4550 levels.
Target 1 : 1.4800
Target 2 : 1.50
Watch the Fake Out Break Out ( FOBO) here. Looking for a real kiss of that 50% retrace or 61.8%. Not convinced to go long here. Feels likethe institutions running this up to move it lower.
Target 1 : 1.0786
JBLUE is holding this Trend-line support watch the levels 19.50-20 buy zones. The airlines are all hitting the buy levels. I cant stress enough, traders must learn to BUY the FEAR and SELL the GREED. Always have a plan and always have a stop. understand your parameters and you will do well.
KEEP IT SIMPLE TRADE LEVELS