Skip to main content

Gbp/usd trading in range

The pair has topped at 1.3340$ this week after a rally from 1.2960$ area.
The pair is currently trading at 1.3250$ .
61.8% fibonnaci of the move lies at almost 1.3110$.
A break below 1.3080$ will reverse the bullish trend for gbpusd
Main catalyst for the day will be non farm payroll data release.
Rsi : the pair is almost trading in a trending channel , might be good to buy around 1.3220$ Target would be 1.3290$.
My Recommendation : sell gbpusd anywhere near 1.3290$ with stoploaa on break of 1.3350$
Labels:

Popular posts from this blog

storj update - 1h chart very bullish

Following up on previous analysis  for storj after breaking over bearish trend. Storj reached a high of 0.95$ , retreating back now to 0.84$ . Below is chart for 1h time frame which shows a very strong trendline coming from lows at 0.67$. A break below will be a sign of reversal, we need to keep over that line for a while to keep the bullish move running upwards. Keep following for updates... Follow me on twitter @b4borio
Post a Comment
Read more

BDC/BTC target and resistance levels

#Dbcbtc is targeting 0.0000001730 btc. It is starting to build up a bullish trend on small time frames. It will be a challenging area to break given the bearish trendline as well. Deepbrainchain is one of solid crypto projects that have a good profitable future. #Investincrypto
Post a Comment
Read more

5 crypto Investments that will make you a fortune

After 3 month of research based on business model analysis , technical analysis , market sentiment and market trends , I have reached to a decision of making a portfolio of 5 crypto currencies that have a big potential during the next period. It is expected that initial investment will almost have 4x return atleast , which means if you invest 10k , you will have a potential of reaching 50k atleast , there are 2 tokens out of the 5 tokens have a potential for almost 25x return on initial investment. The coins belong to projects from 4 different industries, they are issued by very succesful companies and supported by famouse blockchain creators and advisors.  I will help you create a profitable portfolio and follow up on these investments with weekly updates which will guide you to make the right entry and exit points. Feel free to contact me anytime on twitter @b4borio or email me at boriology@gmail.com
Post a Comment
Read more