SELL-IDEA
GBPUSD - SELLThe Sterling is taking chunks out of last Friday's technical decline, but the upcoming US Fed rate hike could see a stall in the Pound.
The attempted bullish recovery still remains deeply off of the 200-day SMA, and bulls will have to scrape out a higher low before establishing a continuation.
GBP/USD Chart, 1-Hour
AUDUSD PAIR'S FALL CONTINUES, PRESSURE ON AUDData on the number of US weekly jobless claims is better than expected. Bullish for US DOLLAR.
Taken the opportunities on the positive data from US jobless claims, I've set 3 pending orders for short on this pair for 3 initial targets. Total of 218 pips.
3 TP was set for 3 orders. 2 closed. I still expect the pair to continue fall towards the level of 0.7490.
**this is just my idea for my trades. copy on your discretion.