MAJOR Pair Trade - GBPUSD - Monday
FREE ANALYSIS ON GBPUSD
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1 HOUR
GBPUSD is making a pull back to the previous support level now turned resistance.
Things to consider:
1. 20 day MA and 100 day MA crossing over so some move to the upside possible
2. MACD is now in the overbought region
3. Price could test the 1.219 region, watch the point for sell.
4. Stoch RSI now crossing over to the downside.
Wait for break in trend line for sell down.
OVERALL
expecting More downward move on this pair. to the next psychology level of 1.2050 and 1.2000
Wait for break in trend line for sell down.
Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :)
1 HOUR
GBPUSD is making a pull back to the previous support level now turned resistance.
Things to consider:
1. 20 day MA and 100 day MA crossing over so some move to the upside possible
2. MACD is now in the overbought region
3. Price could test the 1.219 region, watch the point for sell.
4. Stoch RSI now crossing over to the downside.
Wait for break in trend line for sell down.
OVERALL
expecting More downward move on this pair. to the next psychology level of 1.2050 and 1.2000
Wait for break in trend line for sell down.
SiriusTrading
Bull or Bear, We’ll Brave It All!
Bull or Bear, We’ll Brave It All!
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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.
SiriusTrading
Bull or Bear, We’ll Brave It All!
Bull or Bear, We’ll Brave It All!
Related publications
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.