So, as many of you are aware that yesterday didn't go to plan for Theresa May, and many did assume that the GBPUSD was going to sink to the ground - which it did but didn't. I have done some analysis on the GBPUSD going long with a Target @ 1.32000. Let me know your thoughts, happy trading! :) GL
As EURUSD rises its seem to not break the high end supporting resistance @ 1.1275/1.1285 for the third time, I think this will have a major drop to the lower end @ around 1.1300/1.1350 if this break the bottom support @ 1.1410. Once this has broken at hit the lower end, then we will be looking for a major "increase" maybe to the 1.1500/1.1600ish! Good Luck traders!
As last week we had a major dive with this pair, at the top of the trend line we still have bearish flags showing on the one hour charts. Once we have broken the upwards trend line we may see a further drop until correction is made. I will be updating this with the figures I have in mind. Good luck all!
EURUSD didn't break through the support line @ 1.1485, now this has created a down trend on the hourly charts with three bearish pins. TP @ 1.14100 - with that being said, if the lower support line break then we will be looking at a major dive in the lower 1.13! Good Luck all!
Good trend-line didn't break through 1.1500 which then on and with a major drop which is near 1.1344 - if the breaks the trend-line then we will go down further to 1.1271, hopefully!
Eurusd has touched the top of the trend line and now dropped to the point of a little rise and then will have a major drop!