GBP-USD has reach the 1.5340, and I think it will continue down to 1.5290, and after that, will going up for retrace. We can take short Buy position for this retrace.
Place order : buy at 1.5300 for TP 1.5320-1.5345
For long time predictions, gbp-usd still going down for 1.5150 , and after that will going up to 1.6500
SELL @ 1.5600 for
TP 1 : 1.5580
TP 2 : 1.5565
Prefer scenario : Sell @ 1.2720 for
TP 1 : 1.2700
TP 2 : 1.2690
Prefer scenario : SELL @ 1.5600 for
TP 1 : 1.5570
TP 2 : 1.5550
Alternative scenario: Break up 1.5640, will go up to 1.5680-1.5700
Prefer scenario : Sell @ 1.2825 for
TP 1 : 1.2800
TP 2 : 1.2785
Alternative scenario: break up 1.2870 will go up to 1.2900-1.2920
Prefer scenario : SELL @ 0.9000 for
TP 1 : 0.8970
TP 2 : 0.8950
Alternative scenario : break up 0.9030, will go up to 1.9050-1.9060
Prefer scenario : BUY @ 85.70 for
TP 1 : 85.90
TP 2 : 86.10
Alternative scenario : break down 85.35 will going down to 84.80-85.00
Prefer scenario : SELL positions @ 1.5605 for
TP 1 : 1.5570
TP 2 : 1.5535
Alternative scenario: Break out 1.5640, will go up to 1.5680-1.5700
Prefer scenario : BUY positions @ 1.2845 for
TP 1 : 1.2880
TP 2 : 1.2900
Alternative scenario: break down 1.2800 will go down to 1.2730-1.2750
Prefer scenario : BUY @ 0.9010 for
TP 1 : 0.9050
TP 2 : 0.9070
Alternative scenario : break down 0.8980, will go down to 1.8960
Prefer scenario : BUY @ 85.50 for
TP 1 : 85.90
TP 2 : 86.15
Alternative scenario : break down 85.10 will going down to 84.60-84.80
Prefer scenario : SELL positions @ 1.5610 for
TP 1 : 1.5580
TP 2 : 1.5560
TP 3 : 1.5550
Alternative scenario: The upside penetration of 1.5640 will call for 1.5675 / 1.5715
Prefer scenario : SELL positions @ 1.2810 for
TP 1 : 1.2780
TP 2 : 1.2760
Alternative scenario: The breakout of 1.2850 will open the way to 1.2900 / 1.2920
Prefer scenario : SELL positions @ 0.8940 for
TP 1 : 0.8910
TP 2 : 0.8895
Alternative scenario : Above 0.8950 will go further to 0.8975 / 0.9010
Prefer scenario : SELL positions @ 86.00 for
TP 1 : 85.70
TP 2 : 85.55
Alternative scenario : The upside of 86.30 will go to 86.50 / 86.70
The pair is posting a rebound and should reach its next resistance as the RSI is well directed
Prefer scenario : BUY positions @ 1.5625 with
TP 1 : 1.5660
TP 2 : 1.5675
TP 3 : 1.5685
Alternative scenario: The downside breakout of 1.5600 will open the way to 1.5550 / 1.5500
The pair should post a rebound as the RSI is well directed.
Prefer scenario : BUY positions @ 1.2850 with
TP 1 : 1.2880
TP 2 : 1.2900
TP 3 : 1.2920
Alternative scenario: The downside penetration of 1.2830 will go further to 1.2800 /0 1.275
The RSI is mixed with a bearish bias.
Prefer scenario : SELL positions @ 0.9000 with
TP 1 : 0.8960
TP 2 : 0.8945
Alternative scenario : Above 0.9010 look for further upside with 0.9050 / 0.9070
The pair has rebounded on its support and should post a further up move.
Prefer scenario : BUY positions @ 85.00 with
TP 1 : 85.30
TP 2 : 85.45
Alternative scenario : The downside breakout of 84.80 will open the way to 84.50 / 84.25
The pair is facing a consolidation as its intraday RSI lacks upward momentum.
Prefer scenario : SELL positions @ 1.5855 with
TP 1 : 1.5810
TP 2 : 1.5800
TP 3 : 1.5780
Alternative scenario: The upside penetration of 1.5880 will call for 1.5915 / 1.5955
The pair is under pressure and is challenging its support, the RSI is mixed to bearish.
Prefer scenario : SELL positions @ 1.3155 with
TP 1 : 1.3115
TP 2 : 1.3100
TP 3 : 1.3090
Alternative scenario: The upside penetration of 1.3175 will call for a rebound towards 1.3235 / 1.3265
The RSI is mixed to bearish.
Prefer scenario : SELL positions @ 0.9135 with
TP 1 : 0.9100
TP 2 : 0.9090
TP 3 : 0.9075
Alternative scenario : Above 0.9150 look for further upside with 0.9175 / 0.9207
The pair has broken below its bearish flag lower boundary and is approaching its previous low.
Prefer scenario : SELL positions @ 85.60 with
TP 1 : 85.30
TP 2 : 85.20
TP 3 : 85.10
Alternative scenario : The upside penetration of 85.75 will call for a rebound towards 86.00 / 86.25
The pair has broken below a rising trend line and remains under pressure.
Prefer scenario : SELL positions @ 1.5860 with
TP 1 : 1.5830
TP 2 : 1.5810
TP 3 : 1.5800
Alternative scenario: The upside penetration of 1.5880 will call for a rebound towards 1.5955 / 1.5995
The pair is under pressure and is challenging its support, the RSI is mixed to bearish.
Prefer scenario : SELL positions @ 1.3200 with
TP 1 : 1.3175
TP 2 : 1.3160
TP 3 : 1.3150
Alternative scenario: The upside penetration of 1.3225 will call for 1.3270 / 1.3300
The RSI advocates for further downside.
Prefer scenario : SELL positions @ 0.9140 with
TP 1 : 0.9110
TP 2 : 0.9080
TP 3 : 0.9060
Alternative scenario : Above 0.9155 look for further upside with 0.9208 / 0.9220
The pair is on the upside and is challenging its declining trend line
Prefer scenario : BUY positions @ 85.65 with
TP 1 : 86.00
TP 2 : 86.20
TP 3 : 86.30
Alternative scenario : The downside breakout of 85.55 will open the way to 85.3 / 85.05
The pair remains on the upside and is challenging its previous high.
Prefer scenario : BUY positions @ 1.5950 with
TP 1 : 1.6000
TP 2 : 1.6030
TP 3 : 1.6040
Alternative scenario: The downside penetration of 1.5930 will call for 1.5865 / 1.5810
The pair stands above its new support (former resistance) and should post a rebound
Prefer scenario : BUY positions @ 1.3250 with
TP 1 : 1.3280
TP 2 : 1.3300
TP 3 : 1.3330
Alternative scenario: The downside breakout of 1.3225 will open the way to 1.3170 / 1.3120
The pair is trading in an intraday bullish channel.
Prefer scenario : BUY positions @ 0.9160 with
TP 1 : 0.9190
TP 2 : 0.9200
TP 3 : 0.9210
Alternative scenario : Below 0.914 look for further downside with 0.9100 / 0.9070
The pair is on the upside but should strike against it’s resistance.
Prefer scenario : SELL positions @ 85.55 with
TP 1 : 85.30
TP 2 : 85.15
TP 3 : 85.00
Alternative scenario : The upside penetration of 85.70 will call for a rebound towards 86.00 / 86.20
The pair has rebounded on its support and is challenging its bullish flag upper boundary.
Prefer scenario : BUY positions @ 1.5830 with
TP 1 : 1.5880
TP 2 : 1.5900
TP 3 : 1.5930
Alternative scenario: The downside penetration of 1.5810 will call for 1.5760 / 1.5715
The pair is pulling back on its MT bullish channel lower boundary ahead of a rebound.
Prefer scenario : BUY positions @ 1.3165 with
TP 1 : 1.3195
TP 2 : 1.3220
TP 3 : 1.3240
Alternative scenario: The downside breakout of 1.3145 will open the way to 1.3120 / 1.3090
The key rising trend line maintains a bullish bias.
Prefer scenario : BUY positions @ 0.9160 with
TP 1 : 0.9190
TP 2 : 0.9210
TP 3 : 0.9235
Alternative scenario : Below 0.9130 look for further downside with 0.9070 & 0.9020
The pair has broken above its ST bearish channel upper boundary and should post a further up move
Prefer scenario : BUY positions @ 85.85 with
TP 1 : 86.10
TP 2 : 86.25
TP 3 : 86.35
Alternative scenario : The downside breakout of 85.70 will open the way to 85.55 / 85.30
Disclaimer
This information is free. But we are not guarantee that our prediction is true and give you profit. Use this Information wisely. trading currencies at forex markets not really easy. Learn forex trading with forex trading course at forex trading online for managed your forex tradings.
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