Get started

Gbpusdprediction

GBP/USD is so close to key place where we can open....GBP/USD is moving to key place for open Short If take a look on chart, you could see that price have powerful downtrend. As you know most of the times trend is continue, it is safer to look for deals for Short near key levels. On chart, I see that price bounced several times from 1.3460, that mean, that level is interesting for big players. For US is the best to Look for Short position near 1.3460 S/L: 1.3510 1T/P: 1.3210 2T/P: 1.3060
by Yuriy_Bishko
GBPUSD profit target reached once again, remain bullishBuy above 1.2510. Stop loss at 1.2421. Take profit at 1.2651. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly as expected. We now remain bullish above 1.2510 support (Fibonacci retracement, horizontal pullback support) for a further push up to 1.2651 resistance (major Fibonacci extension). RSI (34) has made a nice bullish exit signalling that a further rise in price is expected.
Long
by theforexarmy
GBPUSD right on resistance again, remain bearishSell below 1.2546. Stop loss at 1.2632. Take profit at 1.2356. Reason for the trading strategy (technically): We remain bearish below 1.2546 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to 1.2356 support (Fibonacci retracement, Fibonacci projection, swing low support) especially with price making a bearish exit. RSI (34) sees a descending resistance line holding price down really well.
Short
by theforexarmy