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GBPUSD
Jul 01, 2022 at 10:15
Member Since Jun 29, 2022
4 posts
GBPUSD is likely to keep on dropping to test its key support level near 1.2000 round psychological level, which could provide an opportunity to go long if the market provides any reversal signals such as double bottom , inverse head and shoulder, falling wedge or any reversal pattern. We will also consider candlestick patterns such as morning star , doji , bullish engulfing etc.
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Jul 01, 2022 at 10:15
Member Since Jun 29, 2022
4 posts
GBPUSD is likely to keep on dropping to test its key support level near 1.2000 round psychological level, which could provide an opportunity to go long if the market provides any reversal signals such as double bottom , inverse head and shoulder, falling wedge or any reversal pattern. We will also consider candlestick patterns such as morning star , doji , bullish engulfing etc.
Learn strategies to help you invest confidently
Member Since Apr 09, 2019
538 posts
Member Since Apr 27, 2022
17 posts
Member Since Apr 09, 2019
538 posts
Aug 01, 2022 at 11:14
Member Since Apr 09, 2019
538 posts
Could be a big week for this pair with the recent technical recession news from the US as well as still increasing inflation and another 0.75% interest rate hike. I'll be keeping an eye out for Thursday BoE rate news to see if they plan to stay conservative or go with a 0.50% raise to attempt to curb inflation.
If you can't spot the liquidity then you are the liquidity.
Member Since Mar 31, 2021
229 posts
Member Since Apr 09, 2019
538 posts
Member Since Mar 31, 2021
229 posts
Member Since Apr 09, 2019
538 posts
Member Since Mar 31, 2021
229 posts
Nov 15, 2022 at 10:49
Member Since Mar 31, 2021
229 posts
The GBPUSD chart pleases me no less than EURUSD. I like to watch the bullish trend in currencies.
Although, usually, by the end of the year, a bearish trend is observed almost everywhere. But I believe in the near future the pound will rise and consolidate at the level of 1.19490.
Although, usually, by the end of the year, a bearish trend is observed almost everywhere. But I believe in the near future the pound will rise and consolidate at the level of 1.19490.
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