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Gbpusdbuy

GBPUSD Daily Chart AnalysisGBPUSD Daily Chart Analysis Shows a bearish continuation structure to move to the downside Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. LINK IN BIO!! **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support! AkilajFX
Short
by AkilajFX
14
GBPUSD will go down.. unless there will be a miracle news...We observe the golden cross in the price however, we must consider the long term trend which is in the C wave. If you will also check the daily chart, it will be clearer to see the direction of the price. On the fundamental side, investors are looking for stability in the market before they invest in risky assets. In such, we see that the BREXIT is still in the shadow. We all know that brexit is bad for UK, the worse scenario is no deal which will give a chilling signal for the pound. Again, I'm currently trading on the short term goal and staying away from both day trading and hold strategy.
Short
by kingsanjose2011
GBPUSD Bullish BreakoutGBPUSD bounced at a weekly support making the direction bullish. Now as you can see on the 4 hour chart the market broke out of the double top with a increase in volume, confirming the break out is probably a true breakout, (don't forget nothing in the market is a 100% we are looking at what is the percentages we have) the breakout occurred on thursday night, I was looking to get in at the pull back but I didnt take it due to it was before the Fed meetup on friday and I did not want to take the risk before seeing what will happen. But I dont think this is over I believe I will still have a chance to get involved, Im waiting for a little pull back now so I can at least have a 2-1 Risk Reward ratio, my Stop will go below the recent low and my take profit at my first Target. I hope You Learned Something From This Post. if you have a question you can ask me anytime. Happy Trading!
Long
by ElyaStein