GBPUSD Best Analysis After Brexit | Simple Chart
After the Brexit let me tell you that many investors I know have more confidence in the Pound and don't stop to buy after the good news relating to the positive note about the Brexit and the recent vote for Theresa May's proposals.
Now the questions that many traders ask is if the USA will leave the GBP to continue to going up against their money USD?
We know that the USD is so much affected by many news in the USA but banks and other business-makers in the market make strong resistance at 1.300 Level and every time when the price arrives at this level sellers show their strength making the price down. This psychology level is important for sellers to sell the GBPUSD for only 20pips risk if not working after all you have tried that the most important.
Next Week we can have this 2 scenarios possible and the most important to understand by trading the GBPUSD pair is to not scalp but have the best entry for buy or sell and I give you in this chart.
Advice of Baba
Buy Low following news
Sell High following news
Good Luck!!
Now the questions that many traders ask is if the USA will leave the GBP to continue to going up against their money USD?
We know that the USD is so much affected by many news in the USA but banks and other business-makers in the market make strong resistance at 1.300 Level and every time when the price arrives at this level sellers show their strength making the price down. This psychology level is important for sellers to sell the GBPUSD for only 20pips risk if not working after all you have tried that the most important.
Next Week we can have this 2 scenarios possible and the most important to understand by trading the GBPUSD pair is to not scalp but have the best entry for buy or sell and I give you in this chart.
Advice of Baba
Buy Low following news
Sell High following news
Good Luck!!
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