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Gbp/usd pe jo ap ne signal diya hai sell ka ye mere khyal se sahi hai q ke chart ko sahi tara se read kar ke trade lgana chaye or complete analyis boaht zaruri hai kisi pe pair pe trading karne se phele iske ilwa market ke trend ko bi dekhna chaye or usi base pe humain trading karni chayue.
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Cable has moved back to sit at the 1.3000 pivot, underpinned on Wednesday by some M+A activity.
The medium term outlook remains unchanged, given that the daily momentum indicators still look heavy, and below the session low would head towards 1.2950 and then to 1.2925, below which could easily head back towards 1.2850, and possibly to the 100 DMA at 1.2825 although this looks unlikely today.
---------- Post added at 11:00 AM ---------- Previous post was at 10:59 AM ----------
The short term momentum indicators actually look a little more constructive, and on the topside, back above the session high of 1.3027 could revisit the 8 Aug high at 1.3052 and then on to 1.3070, above which look for a run back towards 1.3100
Preferred Strategy: Still prefer to sell rallies for the medium term downtrend although the intraday charts hint that we may see a short term squeeze to the topside. The UK Industrial Production figures are due today.
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http://www.youtube.com/watch?v=SShgPtx3hR4
Look my every morning market review on my youtube channel
subscribe to my twitter https://twitter.com/alexbukuros
---------- Post added 08-18-2017 at 05:50 AM ---------- Previous post was 08-17-2017 at 06:00 AM ----------
http://www.youtube.com/watch?v=_D2IbSzTb-A
Look my every morning market review on my youtube channel
subscribe to my twitter https://twitter.com/alexbukuros
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dear trader gbpusd bhi boht hi acha pair hay aur yeh bhi trend wise hi move kerta hay aur es time yeh full selling main kun es time agar daily pay dekha jaiy to yeh es main rsi k 50 level ko cross ker ker lia hay aur es time es k boht zayaea chance hain sell main anay k so yeh bhi sell main aiay ga............
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GBP/USD
according to my analysis,
In this week(3rd week of August'17),
!-----------------------------------------!
! GBP/USD: Bear !
!-----------------------------------------!
Because there are some strong USD News on this week and it will make effect on market.
Hopefully it will hapen.