I will be dropping my analysis here on GBPUSD and my running trades on GBPUSD... I will also attach an explorer to this Thread... Please you are free to drop your views on GBPUSD on this Thread... Please this Thread is strictly for GBPUSD only.... So don't spam the thread....
Analysis
GBPUSD is on a Strong buy trend... So the sell signals that are coming in are impulsive moves... The buy comes in as correction & correlation to the trend... On the attached screenshot am anticipating that GBPUSD will retest on the nearest minor support in other to gain momentum to break the Major resistance above which the market has respected for a couple of weeks now...
Signals:
If your buying GBPUSD you should trading a defined breakout not a fakeout
The perfect entry that I anticipate for GBPUSD
Entry: 1.36530
SL:1.35480
Tp 1: 1.36850
Tp 2: 1.36910
Please stick to Tp1 because GBPUSD is very volatile... Please apply risk management...
Analysis
GBPUSD is on a Strong buy trend... So the sell signals that are coming in are impulsive moves... The buy comes in as correction & correlation to the trend... On the attached screenshot am anticipating that GBPUSD will retest on the nearest minor support in other to gain momentum to break the Major resistance above which the market has respected for a couple of weeks now...
Signals:
If your buying GBPUSD you should trading a defined breakout not a fakeout
The perfect entry that I anticipate for GBPUSD
Entry: 1.36530
SL:1.35480
Tp 1: 1.36850
Tp 2: 1.36910
Please stick to Tp1 because GBPUSD is very volatile... Please apply risk management...
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