Hi to everybody
It is my first post today, as up to now I didn't have enough time to post my personal visions of the FOREX market. I am glad to be part of this forum, so we can share opinions and be more effective in the market.
About the GBP/USD : If somebody saw that on D1 chart the pair is making reversed H&S ? From my point of view if it break the level of 1.616x after that we can have another 250 pips up. We need to wait and to see how it will go in the next couple of days before the FED next week.
I still have a small short position from 1.6053 with TP on 1.6009 (yesterday it fall to 1.6010, so bad for me). Now i am still thinking how to proceed, as two important indicators are coming from the UK today and tomorrow. Specially the prelim. GDP will give big move on the market.
It is my first post today, as up to now I didn't have enough time to post my personal visions of the FOREX market. I am glad to be part of this forum, so we can share opinions and be more effective in the market.
About the GBP/USD : If somebody saw that on D1 chart the pair is making reversed H&S ? From my point of view if it break the level of 1.616x after that we can have another 250 pips up. We need to wait and to see how it will go in the next couple of days before the FED next week.
I still have a small short position from 1.6053 with TP on 1.6009 (yesterday it fall to 1.6010, so bad for me). Now i am still thinking how to proceed, as two important indicators are coming from the UK today and tomorrow. Specially the prelim. GDP will give big move on the market.