SHORT GBPUSD

SHORT GBPUSD

Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price broke from its trendline . One can take a sell trade till its...
GBP/USD Technical Analysis.

GBP/USD Technical Analysis.

Currently, GBP/USD is trading at 1.2614. The pair may start a new down trend if it breaks the support level and neck line at 1.2582. Previously, the pair was trading in an up trend by making higher-high lower-low pattern in the resistance and support wedges . If the...
GBP/USD Technical Analysis.

GBP/USD Technical Analysis.

Currently, GBP/USD is trading at 1.2367. The pair may start a new up trend if it breaks the resistance level at 1.7825. Previously, the pair was trading in a down trend and after touching the support level , started consolidating in the resistance and support levels....
GBP/USD Technical Analysis.

GBP/USD Technical Analysis.

Currently, GBP/USD is trading at 1.2564. The pair started a new down trend after breaking the support level at 1.2699. The pair is now trading in a down trend while moving in a lower-low lower-high pattern and the price has already hit the first target at 1.2465. It...