GBPUSD STAND GOOD POSITION FOR TREND REVERSAL
THERE ARE BOTH FUNDAMENTAL AND TECHNICAL ANALYSIS.
FUNDAMENTAL: FEDERAL RESERVE DECREASED INTEREST RATE DECISION WHICH LEADS TO INFLATION FOR USD AND USD WILL WEAKEN AGAINST OTHER CURRENCIES
TECHNICAL: THERE IS THE ENGULFING BAR CANDLESTICK PATTERN AT THE END OF THE DOWNTREND AND IT IS A GOOD SIGNAL FOR TREND REVERSAL
1. TAKE PROFIT 1.3089
2. STOP LOSS 1.2775
3. RISK:REWARD 1:4,5
FOLLOW ME FOR MORE TECHNICAL AND FUNDAMENTAL ANALYSIS
COMMENT YOUR OPINIONS
ASK QUESTIONS IF YOU NEED
FUNDAMENTAL: FEDERAL RESERVE DECREASED INTEREST RATE DECISION WHICH LEADS TO INFLATION FOR USD AND USD WILL WEAKEN AGAINST OTHER CURRENCIES
TECHNICAL: THERE IS THE ENGULFING BAR CANDLESTICK PATTERN AT THE END OF THE DOWNTREND AND IT IS A GOOD SIGNAL FOR TREND REVERSAL
1. TAKE PROFIT 1.3089
2. STOP LOSS 1.2775
3. RISK:REWARD 1:4,5
FOLLOW ME FOR MORE TECHNICAL AND FUNDAMENTAL ANALYSIS
COMMENT YOUR OPINIONS
ASK QUESTIONS IF YOU NEED
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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.
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.