Skip to main content

Posts

Showing posts with the label chequers

Gbpusd is very supported at 1.2975$

GBP/USD rallied over night from 1.3020$ to 1.3085$ and currently trading at 1.3057$ . Any reversal for the pair will have the pair supported at 1.2975$ , the pair will be still bullish over this area and it is recommended to buy any dip for the sterling , however be careful as the volatility is expected to continue over the coming 2 weeks. " i believe it will more bullish than bearish and we will visit 1.32$ soon" I advised a long trade last Friday at 1.2950$ . Keep following for updates and for trade recommendations , my twitter handle : @b4borio

Brexit news back on table

Gbpusd still under pressure and will stay as long as brexit deal is not made. The pair is currently trading at 1.2910$ after rallying on Friday to 1.3020$ ... Looks like we will visit 1.2860$ again , that probability is not yet rolled out . Resistance now lies at 1.2975$ and support at 1.2860$ . Follow me for more updates on sterling . I am gonna advise a position today. FORMER BREXIT JUNIOR MINISTER STEVE BAKER SAYS AT LEAST 80 BRITISH CONSERVATIVE LAWMAKERS ARE PREPARED TO VOTE DOWN THE CHEQUERS PLAN IN PARLIAMENT - PRESS ASSOCIATION

Gbpusd gap down 40 pips

Gbpusd opened lower with a gap almost 40 pips , currently trading at 1.2914$ ... The pair has strong support at 1.2885-1.2905$ area. You can long the pair at that area targeting a close of the gap. Ofcourse , the pair is down on the latest brexit news from the weekend. Brexit talks and the single market deal will stay as a catalyst for the pair. It is recommended to go long anywhere near current levels . Technically , The pair will turn strongly bullish after breaking 1.3020$ area on the 4h chart.