Get started

Gbpusddaily

GBPUSD LONG WITH 3 CONFLUCENCES Listed confluences: 1: Trendline Breakout 2: Inverse Head and Shoulder Pattern 3: Key Level Summary: GBPUSD has been selling off for serval day now. We are waiting for the breakout of the key level at 1.3277** on the Daily Chart as confirmation of the trade. Trade has a potential RR OF 4.43 to 1. We will be entering and holding this trade until around the end of the month, or until target is reached, which ever comes first. If we get stopped out we will only look at the pair next month for any new trade setups.
Long
by NDOBObanks
GBPUSD GONNA BULLISHRecent trend Now GBP is trading in the area of record lows. Investors are in no hurry to open new positions ahead of meetings of the world's leading regulators. Today the US Fed will hold a meeting, and a block of statistics from the UK on the dynamics of consumer and production prices for November will be released. From the American regulator, market participants expect acceleration in the pace of reduction of the quantitative easing program, which should provide moderate support to the dollar. In turn, the European Central Bank and the Bank of England will hold their meetings tomorrow. The British regulator probably will not change the parameters of monetary policy , although not long ago analysts were confident in the growth of the interest rate. However, much will depend on inflation statistics that will appear today. In technical view, GU create hidden bullish divergence with cup with handle pattern in weekly and monthly view on the other hand GU create falling wages. So in technical view GU gonna long.
Long
by mahfuzazim_TA