Still selling the GBP on the rallies !!!!!!
3 minutes ago
Hi guys ,
Nothing has changed here i've been selling this with alot of success , the GBP is struggling but the buyers have been stepping in too, as its grossly undervalued but I feel its safer to sell at key points .
Well right now its on the 0.618 fib line and we have T/L resistance on the daily along with an older weekly support line ....... so I feel Down we go and remain in the channel for now :)
Also the next few candles will be the tell tell on the 4HR, as it looks like the buyers are getting pushed back slowly,
Remember don't get greedy with this right now its volatile and USD ISM due out today .
Happy trading ......
Hi guys ,
Nothing has changed here i've been selling this with alot of success , the GBP is struggling but the buyers have been stepping in too, as its grossly undervalued but I feel its safer to sell at key points .
Well right now its on the 0.618 fib line and we have T/L resistance on the daily along with an older weekly support line ....... so I feel Down we go and remain in the channel for now :)
Also the next few candles will be the tell tell on the 4HR, as it looks like the buyers are getting pushed back slowly,
Remember don't get greedy with this right now its volatile and USD ISM due out today .
Happy trading ......
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In @ 1.2480 :)