Today, I have an update of this par in Daily chart principally. So, I see that Pound it's more stable based in two things: speculate news and technical analysis. Now, I see in H8 timeframe that Pound it's stable and we could see a next target toward to make highers. My target will be the $1.40 USD. And then, I entry in the market price with a SL at 80 pips. I entry around of $1.3634 USD and I put a SL at $1.3552 USD and my target will be the $1.40 USD.
And then, this it's the Daily chart, we're stable to medium term to make new higher. And also, noticed that we are into this bullish channel from May 2020 and we're continue up.
I like to trade following the trend. Remember trend it's your own friend.
Good luck in this position. And also, my yesterday analysis on GBPUSD in short posiiton will be closely automatically based in the technical analysis and fundamentals.
The fundaemtnals are that Pound it's so bumpy ride as lockdown spoil post-Brexit party meanwhile that expected to offset Brexit deal optimistic. And so, the U.S. Dollar cotninue weaknens as U.S. Senate was a meeting today in Georgia, U.S. to know the policy maker in United States. But, another indicator it's that we could to introduce a watching to boosting stimulus and infrastructure spending into the nation.
And then, this it's the Daily chart, we're stable to medium term to make new higher. And also, noticed that we are into this bullish channel from May 2020 and we're continue up.
I like to trade following the trend. Remember trend it's your own friend.
Good luck in this position. And also, my yesterday analysis on GBPUSD in short posiiton will be closely automatically based in the technical analysis and fundamentals.
The fundaemtnals are that Pound it's so bumpy ride as lockdown spoil post-Brexit party meanwhile that expected to offset Brexit deal optimistic. And so, the U.S. Dollar cotninue weaknens as U.S. Senate was a meeting today in Georgia, U.S. to know the policy maker in United States. But, another indicator it's that we could to introduce a watching to boosting stimulus and infrastructure spending into the nation.
Trade active
I re-active my long position again in GBP/USD becuase I believe that I do not put a SL in the best zone, I believe that put the SL very bad zone. At the moment, I bought in the market with a SL at 100 pips and my target wil be 400 pips. More details tomorrow!!!!Note
This it's the screenshoot!!!
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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.