Gbp/Usd : Eyeing 1.4400-1.14500 handle ( April 2018 High/Top)
Speculative sentiment index is less than 20% for Gbp pairs , hence more upside movement is likely . Technically, Gbp/Usd aiming at testing the 2018 high around 1.4400 handle. A lot of Sell limit orders will get executed from that level since is the major resistance and top of the range since many years .
Trend : Up
Signal (pending) : Sell limit 1.4400-1.4550
Stop Loss : Manual above 1.14650
Target : 1.35xx ( Fib support)
Trend : Up
Signal (pending) : Sell limit 1.4400-1.4550
Stop Loss : Manual above 1.14650
Target : 1.35xx ( Fib support)
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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.