GU was pretty much flat the entire week. Not much moves made. But this week coming up should be very eventful.
Welcome back! Here's an analysis of this pair! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued...
This summary of the recent rally on the GBP USD highlighted the important rule of never trading against the main direction of the trend. The only exceptions to this rule are 1. Reversals at Major Resistance/Support Consolidation Boundaries of the Monthly, Weekly or Daily Charts. 2. Reversals at Major Resistance/Support Price Points of the Monthly, Weekly or...
EURGBP trades well below the bearish trendline and could continue the drop. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next...
Price is approaching our first support in line with our 100% fibonacci extension and 61.8% fibonacci retracement where we could see a further push up to our resistance level. RSI is showing signs of bullish pressure as well.
Price is approaching our first resistance, in line with our 50% fibonacci retracement where we could see a reversal below this level to our take profit level. We will also be posting the written version, linked below. Please also leave a comment below on ideas you would like to see next!