Pounds
GbpUsd Sell trade idea updates(3hrs)Congrats on our previous sell. However still on the buy trend, Wait for reversals as long as 1.28500(Bottom trendline, Supports) isnt broken then swing buy back up to 1.31500. Also note upon the final hearing on Brexit on 31st we would get to see more volatility that can change the market. so apply proper risk managements. Please comment and share your ideas on this particular pair too. thanks!
GbpUsd on 1hr(Buy)Congrats on our previous swing sell. However now GbpUsd was rejected on the support line then retracts and heads up for a buy to 1.31000 first then if broken extends to 1.32530 otherwise retracts for a sell back to previous supports.. Please comment and share your ideas on this particular pair too. thanks!
Analysis of GBPUSD in 1 hour timeframe with Ichimoku.Ichimoku 1 hour chart for GBPUSD : The LS is in the cloud and price crossed the cloud while downtrend through a thin part of the cloud, and now price is under the TS. Will LS encounter a resistance of the SSA line of the cloud => That would induce a bouncing of the price on the TS and confirm a bearish trend. If not = If LS can get over the SSA line of the cloud then if the price cuts the TS while going up then that would be confirmation of a, even for a short period of time, at least slight bullish trend.