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British Pound / U.S. Dollar
Updated

GBPUSD - Possible short and long Opp.

176
- BoE expected to hike rates, and bullish trend may continue till next week or so.

- 2 Possible trades

  • - Buy at .50 or .618
    - Sell from top, however watch out for false break out and let's see if price shows a lot of bearish evidence.


Trade with care

Good luck!




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snapshot
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This was hell of a trade (Y) still bearish.
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No hope from BoE as per now keep selling pull backs (Y)
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snapshot
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If you entered this position, congratz for 400 + pips.
Trade closed: target reached
HumairDawood
Also on:
Chart PatternsGBPUSDgbpusdanalysisgbpusdforecastgbpusdideagbpusdlonggbpusdpredictiongbpusdshortgbpusdsignalgbpusdtradeTrend AnalysisWave Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsGBPUSDgbpusdanalysisgbpusdforecastgbpusdideagbpusdlonggbpusdpredictiongbpusdshortgbpusdsignalgbpusdtradeTrend AnalysisWave Analysis
HumairDawood
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.