GbpUsd Complete view for market movement!
Updated
GBPUSD
CURRENT PRICE: 1.2982
TIME: 11/03/2020
##################################################
SHORT-TERM: range between 1 day to 1 week
the main direction at short-term is DOWN, so Will look for Sell Entry, aiming 100-150 PIPS , TP around 1.2841.
• Every moving UP is opportunity to Sell aiming 100-150 pips.
• any Buy action will consider as sculping, will be targeting TP1: 20pips.
• any Buy action Either sculping or Intraday , SL 20-40 pips.
##################################################
MID-TERM: range between 2 Weeks to 2 months
##################################################
LONG-TERM: range between 2 months to more
the main direction at Long-term is UP ,and it will start around 1.2910 or bellow (1.2846), so there Will look for BUY Entry, aiming 750 PIPS , TP around 1.3795.
• Every moving downward is opportunity to buy aiming 400-750 pips.
• any Sell action will consider as sculping, will be targeting TP1: 20pips.
• any Sell action Either sculping or Intraday , SL 20-40 pips.
##################################################
Risk management: each 1000$ open 0.1 lot
my regards for all!
CURRENT PRICE: 1.2982
TIME: 11/03/2020
##################################################
SHORT-TERM: range between 1 day to 1 week
the main direction at short-term is DOWN, so Will look for Sell Entry, aiming 100-150 PIPS , TP around 1.2841.
• Every moving UP is opportunity to Sell aiming 100-150 pips.
• any Buy action will consider as sculping, will be targeting TP1: 20pips.
• any Buy action Either sculping or Intraday , SL 20-40 pips.
##################################################
MID-TERM: range between 2 Weeks to 2 months
##################################################
LONG-TERM: range between 2 months to more
the main direction at Long-term is UP ,and it will start around 1.2910 or bellow (1.2846), so there Will look for BUY Entry, aiming 750 PIPS , TP around 1.3795.
• Every moving downward is opportunity to buy aiming 400-750 pips.
• any Sell action will consider as sculping, will be targeting TP1: 20pips.
• any Sell action Either sculping or Intraday , SL 20-40 pips.
##################################################
Risk management: each 1000$ open 0.1 lot
my regards for all!
Note
Price very close to first TP we might see at this area 3333 price drop down 100-120pips then continue to TP2: 3795
Note
PRICE HIT 3390 , reach 400 pips.now will see some correction and them might see market continue upward to reach 3795 (700 pips )
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.