GBPUSD > Price Hit Resistance Line Also 200 MA!!
Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.
Analysis of #GBPUSD
Price hit resistance line slightly above 200 MA, what next?
Well if the BOE keeps the door open for negative interest rate, and more looms and glooms about Brexit talks continue to persist I expect this to fall back to 1.2400ish
Till now still, price is in an uptrend and no reason to start selling, but if I would sell, I would sell against EUR
let's see if it can establish a downtrend on the lower time frame I will consider getting long with members inside the signal service if the rules are met
⚠ Please note the ideas is valid only if it happened as I said above
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only
Analysis of #GBPUSD
Price hit resistance line slightly above 200 MA, what next?
Well if the BOE keeps the door open for negative interest rate, and more looms and glooms about Brexit talks continue to persist I expect this to fall back to 1.2400ish
Till now still, price is in an uptrend and no reason to start selling, but if I would sell, I would sell against EUR
let's see if it can establish a downtrend on the lower time frame I will consider getting long with members inside the signal service if the rules are met
⚠ Please note the ideas is valid only if it happened as I said above
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only
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.