GBPUSD Near Term: Up...from vyvyonlinestore - FOLLOWME Trading Community

24 Aug 2020, 19:56 · Views 517

GBPUSD Near Term: Upside favored Time 24-08-2020 04:47:00 Pivot 1.3050 Technical View Long position above 1.305. Target 1.33. Conversely, break below 1.305, to open 1.291. Comments The pair remains supported. Further advance favored. Key levels 1.3600 1.3450 1.3300 1.3090 Last Price 1.3050 1.2910 1.2760

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

Hot

abisinyo69

25 Aug 2020

good

kennyp

25 Aug 2020

A bullish trend was observed in the GBP/USD today as it was seen moving up to 1.3105 (it dropped over the last 2 days due to USD strength and uncertainty around Brexit). Risk on sentiment due to positive US-China talk over the phase one trade deal and...FDA approval for Covid treatment (two words that definitely spell gold in our ears these days!) certainly helped the cause for the bulls in this pairing. That being said though, I am applying caution before fully deciding it's bulls all the way, on account of the Jackson Hole's symposium coming up on Thursday which could impact this pairing to move either way.

-THE END-

Hot

Content related