GBP/USD has extended its downfall, amid growing uncertainty about Brexit and global trade tensions. But, The daily chart shows oversold conditions on GBP/USD, implying a bounce.
Disliked{quote} Weekly is still within an upwards trendline. I give it 3-4 weeks to reach 3180+. {image}Ignored
Dislikednice end to the week, got a small amount on the initial longs but was better with the short at the 15m level , hope you guys got some {image}Ignored
Disliked{quote} moved my SL to just under BE (-2). Target is set to 30 pips. going out for a bit..... trade safely Guys & GalsIgnored
DislikedHi Guys. Eu at critical levels. Firstly a 4 hourly close above 1.1200 would be good and secondly a daily close above even better. The little descending trend line above, currently price holding just below, needs to go for bulls to gain a bit of steam. More importantly just above is 1.12149 which is last months (May) open candle which also served as a perfect bounce point down wards and sell off on the 26th of May. A tall order for bulls, but also an area where the big boys could come in to drive price through. Failing all this, we could go back...Ignored