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Gbp/Usd
Ichimoku trends giving selling signals because ichimoku made a sell candle in clouds which giving selling trends.
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest 3rd resistance of this pair today will be going :1.2910
i think best time to enter sell trade at 1.2900 with tp at 1.2790 with narrow stop loss of 1.2945
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Technical analysis today:
Market movement looking at average position,there is flexibility in trading and not to make early strategies no one sure about market trend sometimes it is going up and sometime down.
I suggest you to beware of risky trading.Trade when you sure about market trend,otherwise you may face loss you capital.
We need to wait..it is my experience that market will be on one position when time is up.
After 2pm market will be in good position maybe.
Thank you..
If you like this post please click thanks.
Best of luck for your trade
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Range trading strategy, which is also called channel trading, is generally associated with the lack of market direction and it is used during the absence of a trend. Range trading identifies currency price movement in channels and the first task of this strategy is to find the range. This process can be carried out by connecting a series of highs and lows with a horizontal trendline. In other words, the trader should find the major support and resistance levels with the area in between known as “trading range”.
Range trading actually works in a market with just enough volatility due to which the price goes on wiggling in the channel without breaking out of the range. In the case the level of support and resistance breaks you should exit range-based positions. The most efficient way of managing this type of risk is the use of stop and limit orders as most traders do. They place stop limit orders when the currency price keeps dropping below
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Gbp/usd acha pair hai eis mein earning krna kafi difficult hoti hai kyun k eis pair ki market easily
samjh nahi ati eis tarah eis pair mein loss honey k ziyada chances hotey hain eis ka trend down
hota jaa raha hai
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Gbp/usd acha pair hai eis mein earning krna kafi difficult hoti hai kyun k eis pair ki market easily
samjh nahi ati eis tarah eis pair mein loss honey k ziyada chances hotey hain eis ka trend down
hota jaa raha hai
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Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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GBP/USD gains some positive traction and climbs to near one-week tops.
The uptick ran out of the steam ahead of the key 1.30 psychological mark.
The EU published its mandate for post-Brexit talks and did little to influence.
The GBP/USD pair quickly retreated around 30 pips from daily tops, albeit has still managed to hold with modest gains above mid-1.2900s.
The pair built on the previous session's rebound from sub-1.2900 levels and caught some fresh bids during the early European session on Tuesday amid the ongoing US dollar pullback from multi-year tops.
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Hi dear gbp/usa dosra bada pari hay jiss say app loog benifit lay saktay hain dear yeh aik acha pari hay jiss main app ko zayada up ya down ka koi khatra nahi hota iss liya app loog iss pair ko asani say eur usd kay sath use kar sakaty hain iss liya dear app iss pair main trade karain or iss kay liya mahnat karian .
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Pivot, Resistance Levels and Support Levels for
GBP / USD. For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 1.301
Resistance Level (R2): 1.298
Resistance Level (R1): 1.293
Pivot Point: 1.290
Support Level (S1): 1.285
Support Level (S2): 1.282
Support Level (S3): 1.278
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The GBP/USD pair failed to capitalize on its early uptick on Thursday, rather met with some fresh supply near the 1.2950 region and dropped to one-week lows. The British pound started losing ground after the UK published its mandate outlining its priorities for trade talks with the European Union. The document stated that the British Prime Minister Boris Johnson could walk away from trade talks in June unless there is the "broad outline" of an agreement.
The Brexit negotiating guidelines also mentioned that the UK should not be required to follow EU standards – in line with the precedent of the EU-Canada agreement. Against the backdrop of a deep division between the two sides, the deadline for progress and threat to walk away on WTO rules turned out to be a key factor that weighed on the sterling. The pair touched an intraday low level of 1.2860, albeit the downside remained cushioned amid persistent US dollar selling.