The Sterling is taking chunks out of last Friday's technical decline, but the upcoming US Fed rate hike could see a stall in the Pound. The attempted bullish recovery still remains deeply off of the 200-day SMA, and bulls will have to scrape out a higher low before establishing a continuation. GBP/USD Chart, 1-Hour
What do you guys think ? I see a possible pull back. Any objections/suggestions are welcome.
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Trading idea and price prediction for (FX: GBP/CAD ) from trader Nika Lekishvili www.tradingview.com ~ My Channel GL !
Looking at 4h and daily charts a corrective a structure will be seen. And I also see a corrective on 15m chart. So I am looking for sell setup
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AUDCAD Short It. Entry, Stop and Targets are on the Chart. Don't Take the Trade until it goes below Entry. :)
Data on the number of US weekly jobless claims is better than expected. Bullish for US DOLLAR. Taken the opportunities on the positive data from US jobless claims, I've set 3 pending orders for short on this pair for 3 initial targets. Total of 218 pips. 3 TP was set for 3 orders. 2 closed. I still expect the pair to continue fall towards the level of 0.7490....