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  1. #1
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    Default GBPUSD shorting opportunity

    GBPUSD is testing the resistance zone and dynamic resistance.

    Price action has previously rebounded from this resistance and fibo 61.8% level.

    The market broke and closed below the psychological level at 1.21000, which gives the trend a slightly bearish sentiment.

    We expect the price to retest the support.


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  3. #2
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    Some bad practices devour our trading profit including using high leverage, trading in high spread-consuming pairs and over-trading. High spread means your broker is taking high commission from you for each trade opening. Eurotrader allows traders with low trading spread in majority of their trading pairs.

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    Forex trading is never instant and easy, and it is best to continue learning and practicing to better understand and be ready to trade effectively with Tickmill broker in the future.

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