Pound Inggris / Dollar ASPenjualan
GBPUSD first time traded above 100 day SMA since august 2014!
Technical picture
That's simple idea to trade short as a rebound from 100 day SMA, overall trend is still bearish that undoubtedly adds odds for short position. Also stochastics (14 3 3) on H4 and D1 are in overbought zone both that confirms continuation of downtrend. I put in s/l that exceeds average day's volatility for the last 10 weeks. But s/l could've been far smaller as there is clearly seen resistance on H4.
Fundamentas
It's still dollar-bulish market environment, though British economy is doing not so bad, there is "election mode" coming which adds uncertainty about GBP.
That's simple idea to trade short as a rebound from 100 day SMA, overall trend is still bearish that undoubtedly adds odds for short position. Also stochastics (14 3 3) on H4 and D1 are in overbought zone both that confirms continuation of downtrend. I put in s/l that exceeds average day's volatility for the last 10 weeks. But s/l could've been far smaller as there is clearly seen resistance on H4.
Fundamentas
It's still dollar-bulish market environment, though British economy is doing not so bad, there is "election mode" coming which adds uncertainty about GBP.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.