GBP 0.00% 0.7573 british pound sterling

London Open

  1. 12 Posts.
    Keeping my eye on the GBP tonight, with a focus on GBP/USD. News may give a trap move at the recent resistance leading to a entry.

    EUR/USD, USD/CHF, GBP/JPY May all give setups aswell but the Pound looks the cleanest.

    The below link shows a basic analysis of the GBP/USD with numbers to reference.
    https://jack2012.tinytake.com/sf/MzkyMDg5XzIxODk2ODM

    1. Bearish Trend
    2. Recent Resistance/Weakness (entry from this level)
    3.Fib
    4.Weakness
    5.Low Buying

    Anything can happen over the next couple hours that could change the analysis and lead to no trade or a different pair altogether. I will try and post any entries later tonight before the move. but this may not be possible if things happen to quick.

    Thanks
    Jack
 
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