Thread: GBP/USD Analysis

I closed the deal at the level of 1.4800 and now I'm preparing to open a buy, since I don't expect the chart to break the support in the near future.

The GBP/USD seems to have made a pivot not so far ago and I think it's a beginning of a new trend, so I'm going to open a buy here.

The GBP/USD is on the way down, but I don't really think it will break the supportive level in the near future, so I feel like opening a short-term sell here today.

The GBP/USD is still going down, but I'm going to close my deal right away, since it's likely to make a pivot very soon.

Dear, Forex trading is not so easy as it seems, I have done it but couldn't got success because the index mostly moves against the trendline. i think stock trading also in full control of gamblers (big investors)/ manipulators. Small investor always loose their money. Its my personal view as i am doing it since last more than a year but in loss.

I agree with you))))

About the GBP/USD situation:
it's waving and it'll probably continue waving next week. I'm still among the scalpers here.

The GBP/USD has a general down trend, which makes me feel like opening a sell.

The GBP/USD didn't continue the way down and I closed my deal, but I'm going to renew it after opening.

Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of the bearish trend line currently sitting at around 1.4245.

Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.4306.