GBPUSD

12 years 9 months ago #6185 by WaveSurfer

Replied by WaveSurfer on topic GBPUSD

Here's the updated GBP weekly chart.

im bearish on both GBP & Eur against USD longer term, hence using larger timeframes....

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12 years 9 months ago #6135 by redchilly

Replied by redchilly on topic GBPUSD

Long @ 1.5300
SL @ 15190

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12 years 9 months ago #5955 by remo

Replied by remo on topic GBPUSD

Worth a long on first attempt of trend line at 15340 with tight stops.
This is a first attempt trade only...

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12 years 9 months ago - 12 years 9 months ago #5647 by WaveSurfer

Replied by WaveSurfer on topic GBPUSD

keep an eye that 50% & 61% fibo's also looks like it wants to back test the main trendline...

dl.dropboxusercontent.com/u/40497882/GBP_USD29Apr.jpg

Last edit: 12 years 9 months ago by WaveSurfer.

The following user(s) said Thank You: ronnie, remo, Jackozy, farmertim

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12 years 9 months ago #5642 by farmertim

Replied by farmertim on topic GBPUSD

There is a nice scalping short opportunity from the top of the channel and 161.8% extension at 15552

Best wishes

ft

The following user(s) said Thank You: remo, WaveSurfer, Jackozy

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12 years 10 months ago #5471 by remo

Replied by remo on topic GBPUSD

This looks like its heading for a test of the new up trend line(1.5172). Worth a long on first attempt only with tight stops.

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