GBP/USD Update
The 20 WMA just cross 30 SMA on 30 minutes chart with the closed of green candle for 1st signal of up trend or correction from 2.1161 may complete. Long positions can be consider at this point if there any follow through to the upside on break of initial resistance at 2.0743 the price action.
Disclaimer-Please Read
All resources are for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. Before deciding to invest or trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Investors and Traders should consult with a professional financial advisor for the effects of active investing.
Any opinions, news, research, analyses, prices, or other information is provided as general market commentary and does not constitute investment advice. No acceptance of liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Do Your Due Diligence and take responsibility.
The 20 WMA just cross 30 SMA on 30 minutes chart with the closed of green candle for 1st signal of up trend or correction from 2.1161 may complete. Long positions can be consider at this point if there any follow through to the upside on break of initial resistance at 2.0743 the price action.
Disclaimer-Please Read
All resources are for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. Before deciding to invest or trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Investors and Traders should consult with a professional financial advisor for the effects of active investing.
Any opinions, news, research, analyses, prices, or other information is provided as general market commentary and does not constitute investment advice. No acceptance of liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Do Your Due Diligence and take responsibility.