by Rishikesh Lilawat | Jun 15, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2564. The pair started a new down trend after breaking the support level at 1.2699. The pair is now trading in a down trend while moving in a lower-low lower-high pattern and the price has already hit the first target at 1.2465. It...
by Ryan Lopes | Jun 10, 2020 | Forex Trade Ideas, GBPUSD
Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is inside ascending channel . We are looking at a downside. One...
by Rishikesh Lilawat | Jun 9, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2730. The pair started a new up trend on 26th May and after touching the resistance level , the price is consolidating in the resistance and support wedges . It may start a new down trend if it breaks the support level at 1.2634,...
by Rishikesh Lilawat | Jun 3, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2596. The pair started a new up trend on 26th May and now after touching its resistance zone , it is hovering in the same zone. If it breaks the support level at 1.2495 it may start a new down trend, then its first target price will...
by Ryan Lopes | Jun 1, 2020 | Forex Trade Ideas, GBPUSD
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is close to its trendline . But the overall trend is buy. So, one...
by Vivek | Jun 1, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading in descending channel pattern , within pattern it is trading same in channel pattern . according to Chart analysis we think, price may come down from resistance of descending channel pattern. short side trade can be initiated with proper risk...