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https://charts.mql5.com/9/752/gbpusd...ex-group-2.png
the daily candlestick closure below 1.4900 hinders further bearish trend and enhances the bullish side of the market toward 1.4950. according to the daily time frame, GBP/USD pair is enhancing the bullish side of the market.
parabolic SAR and moving average are also representing that market will move into bullish trend and this continuation is also expected even today from 1.4900 to 1.4950.
Buy: 1.4900, take profit 1.4950, stop loss 1.4850.
Spoiler:
GBP USD has touched the support at 1.4807 before doing a pullback or retest on 1.4947 resistance. whether GU will continue the trend down or will make corrections up. should for now wait and see first because there will be a New Year's holiday in 2016.
The pair has been in bit of downtrend lately but it seems that it might hit a few ups in the coming sessions, and it good time to sell this pair.
https://charts.mql5.com/9/781/gbpusd...orex-group.png
the daily candlestick closure below 1.4735 hinders further bearish trend and enhances the bullish side of the market toward 1.4775. according to the daily time frame, GBP/USD pair is enhancing the bullish side of the market.
parabolic SAR and moving average are also repainting that market will move into bullish trend and this continuation is also expected even today from 1.4735 to 1.4775.
Buy: 1.4735, take profit 1.4775, stop loss 1.4705.
GBPUSD: growth before the publication of the business activity index in the UK and the US manufacturing sectors
https://twitter.com/Exness_Support/s...43210801283076
GBPUSD
Jan. 4, 2016, 11:08
Buy on a level breakthrough of 1.4784 with 1.4847 target. Stop loss = 1.4734.
Reason for the trading strategy
Today, it is worth paying attention to the publication of the business activity index in UK and the US manufacturing sectors, which is expected to rise in December. With the GBPUSD consolidating above the 1.4784 level, its chances of testing the 1.4847 level are significantly increased.
GBPUSD, H1
https://www.exness.com/media/media/2.../04/gbpusd.png
https://charts.mql5.com/9/793/gbpusd...orex-group.png
the daily candlestick closure above 1.4735 hinders further bullish trend and enhances the bearish side of the market toward 1.4700. according to the daily time frame, GBP/USD pair is enhancing the bearish side of the market.
parabolic SAR and moving average are also representing that market will move into bearish trend and this continuation is also expected even today from 1.4735 to 1.4700.
Sell: 1.4735, take profit 1.4700, stop loss 1.4765.
---------- Post added 01-06-2016 at 12:20 PM ---------- Previous post was 01-05-2016 at 05:10 PM ----------
https://charts.mql5.com/9/800/gbpusd...orex-group.png
the daily candlestick closure above 1.4660 hinders further bullish trend bullish trend and enhances the bearish side of the market toward 1.4620. according to the daily time frame, GBP/USD pair is enhancing the bearish side of the market.
parabolic SAR and moving average are also representing that market will move into bearish trend and this continuation is also expected even today from 1.4660 to 1.4620.
Sell: 1.4660, take profit 1.4620, stop loss 1.4690.
https://charts.mql5.com/9/811/gbpusd...orex-group.png
the daily candlestick closure above 1.4630 hinders further bullish trend and enhances the bearish side of the market toward 1.4590. according to the daily time frame, GBP/USD pair is enhancing the bearish side of the market.
parabolic SAR and moving average are also representing that market will move into bearish trend and this continuation is also expected even today from 1.4630 to 1.4590.
Sell: 1.4630, take profit 1.4590, stop loss 1.4660.
https://www.exness.com/media/media/2.../07/gbpusd.png
GBPUSD: consolidation around the 1.4596 support level
GBPUSD
Jan. 7, 2016, 10:52
Sell on a level breakthrough of 1.4596 with 1.4530 target. Stop loss = 1.4650.
Reason for the trading strategy
A sharp rise in demand for safe assets is putting pressure on the GBP/USD pair. In addition, growth in the world's reserve currency contributes to the publication of the ADP report on the number of jobs created in the US private sector in December, which rose from 211 thousand to 257 thousand and was much better than the forecast of 197 thousand.
GBPUSD, H4
https://charts.mql5.com/9/823/gbpusd...orex-group.png
the daily candlestick closure below 1.4615 hinders further bearish trend and enhances the bullish side of the market toward 1.4655. according to the daily time, GBP/USD pair is enhancing the bullish side of the market.
parabolic SAR and moving avearage are also representing that market will move into bullish trend and this continuation is also expected even today from 1.4615 to 1.4655.
buy: 1.4615, take profit 1.4655, stop loss 1.4585
This week there are some crucial news that everyone has to watch out for and that is the BOE will be speaking about the interest I highly recommend that you wait and see what they will say before you take any trades