by Ryan Lopes | May 10, 2020 | Forex Trade Ideas, 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 has hit the trendline support and is now going up. But the...
by Vivek_Samale | May 6, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading in an ascending triangle pattern. It is now at the very support level of the ascending triangle pattern. One can initiate a long trend on pair with a stop loss just below the support line of the ascending triangle . But, if it breaks the ascending...
by Ryan Lopes | May 4, 2020 | Forex Trade Ideas, 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 pair is in middle of the support and resistance line. One can wait for...
by Rishikesh Lilawat | May 4, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2429. The pair started a downtrend today after breaking support level at 1.2464. The price is moving towerds the next support level at 1.0878, which is its first target and second target is at 1.0828. Do follow us for future Forex...
by Vivek_Samale | Apr 30, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading at 62% Fibonacci retracement level. It has previously tested the 62% level thrice but failed to give a breakout above 62% Fibonacci retracement level. Now it might reverse its trend on the downside channel pattern, as you can see in the chart. One...
by Rishikesh Lilawat | Apr 29, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2425. The pair started a sideways trend on 17 April and now the price is consolidating in the resistance and support wedges. If the price breaks the resistance level at 1.2512, then it may touch its resistance zone at 1.2909....
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