by Ryan Lopes | May 27, 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 currently moving upwards by respecting its trendline . One can...
by Vivek | May 27, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD has given a good upside. Now, it is trading in channel pattern, we think it might continue to trade in the same pattern with upside view. One can initiate the trade for long and short according to price near support and resistance of channel pattern with proper...
by Rishikesh Lilawat | May 26, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2332. The pair started a new up trend after breaking resistance level at 1.2192. The pair was trading in a descending wedge before starting a new up trend. The price is about to touch its first target, which is at 1.2377. It may hit...
by Vivek | May 21, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD was trading in downside parallel channel pattern, after forming the bottom, it has given a breakout from the channel pattern. We think that price may consolidate until it breaks the resistance line, as shown in the chart because it has immediately tested the...
by Rishikesh Lilawat | May 19, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2247. The pair started a new up trend after breaking resistance level at 1.2177. The price is moving towards its first target at 1.2340, if it breaks the first target then it may hit the second target at 1.2440. Do follow us for...
by Vivek | May 14, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading at in falling wedge pattern. The current price of GBPUSD is trading at a very strong support level , which is the meeting point of the long term support line and falling wedge support line. We might see the price bouncing back from the current level....
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