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Greatbritain

GBPAUD SHORTFundamentals will create any reason to explain the technicals of the market. BREXIT, protest, etc. Being a technical trader and having a set algorithm will solve most over complicated issues to this complex market. It looks just about time for the this pair to resume its long term downtrend. I am currently in shorts, but will be adding to my position once price declines further past 1.8500 support. My overall target for this position is 400 pips to 1.81.. The market can fall further than this point, but I will have further updates once that happens.
Short
by bajapips
I will remain long here with the GBPUSD pair.Here on the GBPUSDcurrency pair i have reason to believe a long position will be very rewarding over the coming months. Based on my technical analysis price has rallied for the bears over the past 3 years and due to recent changes in the economy as well as inflation taking a toll on the DXY, the bulls have now entered the market. My technical analysis indicates that price has no returned to 23%-38% of the bearish rally and is heading to recover even more. I even have the sights of $1.40-$1.60 in mind. Brexit will also [lay a major role in the coming trend changes I have predicted for the GBPUSD. I must say this move will be exiting either way, Happy Trading , manage your risk and don't get caught on the wrong side of the board. THe URban GeNius
Long
by UrbanGeniusOfficial
Possible EUR/GBP Long Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 Day Actions on - A – Activating Event Market consolidating above the 200 mva and has reached a condition of being oversold.If we see a break above the 0.878, a long position may be an option :) B – Beliefs Market move towards the first Target 1 level @ 0.881 FX:EURGBP Trade Management Entered @ Sign up for mentoring Stop Loss @ Sign up for mentoring Target 1 @ 0.881 Target 2 @ 0. Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Join our Tier 1 Mentoring Program TODAY!! twitter.com Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long
by SMPTrader
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