I've set sights on the 1.30 mark again. Last month, big Funds were marking this as their price point for Autumn and I'm seeing levels that, if respected, could shift GBPUSD back into Bullish momentum. Personally I think the second area is more likely but from here it'll take a steady rise to 1.30 over the next month or so. Time will tell
Been while since I've traded due to other commitments but logged in today and saw an opportunity. Short at Orange Line with a very tight stop loss. Overall I'm bullish on the FTSE100, so I'd be looking to get out at the lower end channel before entering a long on the bounce.
Hi Everyone, This isn't a trade a took at the time, I was just speculating on the 1.38000 level of structure price was moving around at the time. I really wasn't expecting this much of a move to the upside again - Anyone think we're going to see a shift past the 1.40 again?
I missed out on the move to 1.40 on Tuesday, I'm calling a bounce off level of support that formed on 02/03/2021. Large Stop loss placed to allow movement around this area as this could quite easily push lower.
First post on TradingView. Should price come down to the entry point order will be executed. Interested to see how this one plays out. Thanks