Has clearly broken bearish trendline and is now rocketing up.
Conservative entry would be to waiting for retest of resistance zone which is more clear on the hourly time frame.
Long personal reference
Short personal history
Good chance to short here. Lots of confluences and resistance.
Go against the crowd
Hit resistance today and then just popped above it after some weak us fundamental.
Now coming down nicely and a good opportunity to sell.
All fundamentals point to a lower Euro.
Made a Lower high which technically points to weakening euro.
Sell on Spikes
Don't really trade this pair but it is at a key level of support here
Nice breakout after BoC cut interest rates - waiting for retest before getting in long
As per my previous analyst broke TL - now approaching support - keep an eye out peeps
We are at a key point here on GBPUSD. As you can see from the chart it has hit previous TL, the 20 day moving average and hit 0.5 on the Fib.
Watch tomorrow for direction.
Waiting to see what happens next
Currently holding trendline waiting for see if this breaks or bounces back up.
Clearly broken support, first downside target 0.7300
Waiting for pullback before getting in short