GBP is in very important area again. It is in October support area. The market is in down trend channel and it is in bottom line of the channel. I strongly believe that USD will recover itself little bit in the next couple of days for that reason I will see what will do the market tomorrow and then will see. If GBP breaks the bottom line of the channel will go to...
the market is preparing for the news at 10am but I strongly believe it will go up. EU is in strong technical area at the moment. In 4h time frame already we have morning star formation. It is on my down line of the triangle from daily chart and as per my opinion will go back to the bottom line. I will wait to see what will happen IF brakes my bottom line will go...
The market is in important area. If go back will go back to my S1 on the chart and will stay in the channel If brake the channel top line will go to previous support area. Important where will open in the next 1 hour but because it is in Uk Pivot area ta the moment and not braking for now maybe will try to stay in the channel for the next 1-2 hours down. MA are...
I entered the trade Long because of couple of reasons and all of my strategy was covered. Gold was on 4 hour up channel as well as it is a strong up trend at the moment. Good economic news and yesterdays records from equity reflected to the gold today. Trump is "safe" from yesterday and maybe there is some good news for China virus.
GBP is on a very big support area I believe. On the 4h and Day it is a channel and GBP just touched the bottom line of the channel. I am on hold to see what will happen. Personally, I believe GBP will recover from 1.29454 but let see. I am fundamental trader and the news for probability of no deal with EU and problems whit Scotland can crash the pounds price. I...
The market is on the strong support area around 1.29950. On my personal Support , the area was support level on the 20th of December, 10th of January, 17th of January, 29th of January and at the moment. Influenced by the news and the uncertainty around the deal with Eu and the real risk of no deal GBP tried 2 times to broke the level that you can see on 4h chart...
GBP/USD long from the news that the deal for Brexit is agreed between EU and UK Prime Minister. The analyses for the situation is that the market will react positive for the news.