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---------- Post added 06-09-2017 at 05:18 AM ---------- Previous post was 06-08-2017 at 06:35 AM ----------
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GBPUSD today June 16 2017
https://charts.mql5.com/15/347/gbpus...point-of-2.png
You can find sell signal in the support area which is in the range 1.27000-1.26874. Be careful if the resistance at 1.28174 breaks because it will turn the intraday bias to bullish and potentially will lift the sterling up to the range 1.28828-1.29583.
The pair has been hovering around the 1.2770 level since the morning and maintaining its stability below it, while Stochastic is entering the overbought areas, keeping the bearish scenario valid for today, supported by negative pressure formed by the 50 MA Targeting the 1.2550 level mainly.
---------- Post added 06-17-2017 at 06:31 PM ---------- Previous post was 06-16-2017 at 08:03 PM ----------
Keep in mind that a breach of 1.2770 will stop the expected decline and lead the price to achieve positive targets starting at 1.2890 and extending to 1.3100.
Expected trading range between 1.2600 support and 1.2800 resistance
The expected general trend: bearish
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The GBP / USD pair is showing positive trading to start attempts to breach the 1.2800 level, which requires attention from the upcoming trades as the price stability above this level will stop the negative scenario suggested in our recent reports and push the price back to the upside again.
So far, we will keep the suggested scenario in the morning unless the price confirms a break above 1.2800, waiting for a breach of 1.2720 to reinforce expectations of targeting 1.2550 as the next major station.
je mere dost forex ke trading main yeh ek bht he best or great pair hai trading ke liye ap log es pair per trading kr skte hain yeh kam time main up down hota hai es liye es pair main great profit hai or ap log es pair per watch kr ke best trading kr skte hain kun ke forex ke trading main yeh ek great pair hai trading ke liye
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The GBP / USD traded with a notable bearishness yesterday evening to start testing the pivotal support 1.2720. As noted in our recent reports, breaking this level will confirm the continuation of the bearish wave targeting 1.2550 mainly.
---------- Post added 06-21-2017 at 05:07 AM ---------- Previous post was 06-20-2017 at 02:44 PM ----------
We will continue to hold the downside for the rest of the day if the price does not break above the 1.2770-1.2800 level and stability above it.
The trading range for today is expected among 1.2600 support and 1.2800 resistance
The general trend for today is bearish
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GBPUSD broke 1.2720 after closing the daily candlestick below it and is approaching our main target at 1.2550, where the price is under negative pressure formed by SMA 50, which supports the continuation of the expected bearish trend for the coming period.