trading GBPUSD

GBP/USD Day Trading

GBP/USD Day Trading Using Futures Contract 6B

trading GBPUSD
British Pound day trading

GBP/USD Day Trading 1440min chart

On this chart I add another 50% Ret. of Fibonacci . Right now, we are testing my 2nd Fib. It may be a good call for short trade , buyers who wasn’t able to close above 50MA. I’m looking to see sellers get in market in next hours, and bring GBP/USD price at my 1st red area. witch is the double bottom also on short term.

If sellers can’t keep GBPUSD price under my brown line( 1.527) , I’m looking for buyers to go directly to the 1st Fib. If it happen, Buyers will be exhausted once they reach  this level (1st Fib),and it will be a great call for short trade.

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