Unfortunately, I have bad results of trading with this currency pair. I opened long deal and the price went down. So, now I plan how to trade next week.
https://charts.mql5.com/9/710/gbpusd...apital-ltd.png
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Unfortunately, I have bad results of trading with this currency pair. I opened long deal and the price went down. So, now I plan how to trade next week.
https://charts.mql5.com/9/710/gbpusd...apital-ltd.png
Being pair of sterling against the dollar test of pivotal support 1.4885, and as we pointed out in our morning report, we need to penetrate a pivotal levels that are mentioned support and 1.5085 resistance to determine the point of the following price more accurately, which makes us continue to neutral so far.
http://i.imgur.com/rGDg5nY.png
Sorry, I did not, did not have time last week for a full analysis of the currency pair and the opening of the transaction on the sale. This week, I plan to open a deal
https://charts.mql5.com/9/715/gbpusd...apital-ltd.png
Our Preference: Sell Below 1.4930 for the target 1.5850 levels.
Alternative Scenario: Nill.
Technical Commentary :- In Daily Chart :- GbpUsd was closed on lower side as bearish candle and closed below the previous support low so its confirming for the selling side so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.
https://charts.mql5.com/9/715/gbpusd...services-3.png
In 4 Hour Chart and In 1 Hour Chart :- GbpUsd was trading in the sideways movement between key resistance level and key support level and it was trading in the triangle pattern now it was trading near upper trend line and trading near resistance level so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.
https://charts.mql5.com/9/715/gbpusd...l-services.png
https://charts.mql5.com/9/715/gbpusd...l-services.png
Low prices for hydrocarbons affect GDP of the UK, cause energy sector makes about 10% of GDP. Expanded differential of bonds of both countries is still not sufficient to Sell. If the pair rises to the level of 1.4949/1.4980, we may sell targeting 1.4870.
http://s019.radikal.ru/i614/1512/2c/6d29b484e730.png
By checking the recent movement of the trends in dollar I think that dollar is gonna go up against GBP and you should consider selling GBP for longterm trading , all you have to find correct entry point for this trade
GBP / USD is falling down. May be it will continue, And follow support and resistance. Just Keep going. I am in great sell position with a good profit. But Be careful at this time. Because market can ........... Best of luck
Controlled narrow band on the trading pair of sterling against the dollar since the morning, and who continue to fluctuate around the level of 1.4885, which keeps our neutrality intact until now, waiting to break a trend following which is mentioned support and resistance 1.5085 to determine the objectives of the following price more accurately keys, with reference that the expected penetration of the objectives set out in our morning report.
GBP USD rose toward resistant 1 in the price of 1.494x. if price can not break through this resistance it is possible to be towards support at Monday. and if we break it will be towards the next resistance.
Spoiler:
Our Preference: Sell Below 1.4880 for the target 1.4800 levels.
Alternative Scenario: Nill.
Technical Commentary :- In Daily Chart :- GbpUsd was trading in the equidistant channel lines and yesterday its broken the last week low and its broken major key support level on lower side and its closed on lower side as bearish candle and now the previous low of support level acting as key resistance level so its confirming for the selling side so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.
https://charts.mql5.com/9/722/gbpusd...l-services.png
In 4 Hour Chart :- Gbp/Usd was broken the triangle pattern on lower side and its was trading below the key resistance level so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.
https://charts.mql5.com/9/722/gbpusd...l-services.png
In 1 Hour Chart :- GbpUsd was broken the sideways movement on lower side and now it was trading near resistance level of horizontal line so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.
https://charts.mql5.com/9/722/gbpusd...l-services.png