GBPUSD1! trade ideas
6B1if the line L1 is broken with force there will be a probability of going up.
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DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
BRITISH POUND FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)The market is in a critical position.
At the moment there is a great probablity that it could returns to the level 1.2587 . but if it ever breaks with power the 1.2340 . it will return to the level of 1.1994
GBP / USD potential long if more buying builds down here and demand is respected long term buy. on watchlist .
GBP/USD Futures. Retesting 1.3 for the second time?1.3 is key level to hold. Long @ 1.3-1.3030, SL 1.2970, TP 1.32-1.33.
6B British Pound Daily Chart - Wave 5 LongUsing Elliott wave on multiple timeframes from 4 hour to a Daily Chart, I have isolated the wave count. The British pound has finished it’s Wave 4 pullback and setup for a LONG
