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
London Open
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GBP (FOREX) to my watchlist