GBPUSD working exactly as per old patterns.. Now 3rd Part of it!
Updated
GBPUSD working exactly as per old patterns.. Now 3rd Part of it!
All information is on charts..
All information is on charts..
Note
It can go for rise and will fall again above 1.303.. today it will remain in tight consolidation.. so not much action today as per its old patterns!Note
nice spike in gu pairs.. and watch out!!!! reversal upside...Note
gu pivot point todays is 130.19.. and it just touched it and up.. thats a bullish signal but lets see.. as gbpaud too just kissed its pivot 1.9356 and up.. same with gbpjpy just kissed pivot and jumped.. that indeed is a bullish signal.. but lets see how market reacts in coming hours..Note
market surprisingly spiked down in all gbp pairs.. thats fishy..!!!!!!! Earlier i was having plan to sell from top.. but now if market moves high then i won't be selling!!!! i bought on drop and will hold as now market can move above 1.31!!!!Yesterdays move about 1.305 was bullish.. and it closed daily candle above 1.30 added more weigh on bullish momentum!!!! So as far as 1.298 holds and near term 1.301 holds.. it is going beyond 1.31!!!
Note
I bought gbpusd at 1.2978..and stop is 1.294! It is making head and shoulders pattern and will jump up towards 1.31
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.