FREE GBP USD SIGNALS and technical analysis
Published: Saturday, 25 November 2017 14:03
Today we offer technical analysis for the GBPUSD and the currency trading signals
The GBPUSD started trading higher in October and this rise has been from two major waves so far
First wave The pair rose from 1.3030 to 1.3330
And the second wave was from 1.3040 until the pair reached 1.3360
The sterling pair is therefore a measured movement pattern
AB = CD According to this technical pattern, the GBPUSD is expected to fall near the 1.3260 level
Boosts bearish Technical Outlook for the GBPUSD The pair is trading
near the 1.3335 medium term resistance level
But if the price breached the resistance level and stay above 1.3335 then this is the case
We are seeing a possible reversal price pattern- the so-called double bottom pattern
Which is expected to push the GBPUSD higher near 1.3580
Trading Strategy, GBP usd and Technical Summary today
The GBP pair is preferred to sell on the global foreign exchange market
For this reasons , Gold pattern offers live selling trading signals at the market price instant
GBP USD
sell @ 1.3335
tp1 @ 1.3265
tp2 @ 1.3215
sl @ 1.3375
Published: Saturday, 25 November 2017 14:03
Today we offer technical analysis for the GBPUSD and the currency trading signals
The GBPUSD started trading higher in October and this rise has been from two major waves so far
First wave The pair rose from 1.3030 to 1.3330
And the second wave was from 1.3040 until the pair reached 1.3360
The sterling pair is therefore a measured movement pattern
AB = CD According to this technical pattern, the GBPUSD is expected to fall near the 1.3260 level
Boosts bearish Technical Outlook for the GBPUSD The pair is trading
near the 1.3335 medium term resistance level
But if the price breached the resistance level and stay above 1.3335 then this is the case
We are seeing a possible reversal price pattern- the so-called double bottom pattern
Which is expected to push the GBPUSD higher near 1.3580
Trading Strategy, GBP usd and Technical Summary today
The GBP pair is preferred to sell on the global foreign exchange market
For this reasons , Gold pattern offers live selling trading signals at the market price instant
GBP USD
sell @ 1.3335
tp1 @ 1.3265
tp2 @ 1.3215
sl @ 1.3375