GBPUSD will go down.. unless there will be a miracle news...We observe the golden cross in the price however, we must consider the long term trend which is in the C wave. If you will also check the daily chart, it will be clearer to see
the direction of the price. On the fundamental side, investors are looking for stability in the market before they invest in risky assets. In such, we see that the BREXIT is still in the shadow.
We all know that brexit is bad for UK, the worse scenario is no deal which will give a chilling signal for the pound. Again, I'm currently trading on the short term goal and staying away from
both day trading and hold strategy.
Gbpusdsell
#GBPUSD, Time to change direction?After 500 pips of rising on the pound are it time to sell?
In the weekly chart, the Pound was stopped just in opposition to the Ichimoku (Tenkan Sen) red line.
The last weekly candle closes in the shape of a star that can symbolize a trend change provided the next candle is indeed red (we are currently heading in that direction).
Target: 1.2380
GBP/USD: Daytrade-Opportunity#SELLHey tradomaniacs,
welcome to another free signal of WEEK 38 Nr.8 !
How to trade: Wait for the clean rejection of the resistance-zone and sell!
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Type: Daytrade
Sell here: 1,25259
Stop-Loss: 1,25369
Target 1: 1,24750
Target 2: 1,24440
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Peace and good trades
Irasor
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