|

GBPUSD: Expect a further fall in prices to 1.4023

GBPUSD

PENDING ORDER BUY  GBP/USD @ 1.4078     SL:  1.4058         TP1: 1.4093     TP2: 1.4108    

PENDING ORDER SELL  GBP/USD @ 1.4053    SL:  1.4073         TP1: 1.4038     TP2: 1.4023   

The price reached a level of 1. 4053

We expect a further fall in prices to the level of 1.4023

SL. setup on the price of 1.4073

Otherwise, if you have the GBPUSD  trend for BUY, PENDING ORDER set the price of 1. 4078   with SL. 1. 4058  and first TP with price  1.4093

GBPUSD

GBPUSD Current Trading Positions

Sell 56%
Buy 44%
100.0%56.0%055606570758085909510000.10.20.30.40.50.60.70.80.910
Avg Sell Price 1.4112
Avg Buy Price 1.4061
Liquidity Distribution
1.36711.40651.4300200.10.20.30.40.50.60.70.80.911.100.10.20.30.40.50.60.70.80.911.36711.40651.43002SellBuy

Best Free Live Forex Signals


Author

Rose Alice

Rose Alice

TheBestForexSignal.com

5 years successfully worked for Hedge Fund GFDR as a supervisor. 3 years working as an analyst for Trading company Global Investments. As an analyst based on ABC breakouts, breakouts trend lines, Supply & Demand, customized Elliott Wave.

More from Rose Alice
Share:

Editor's Picks

EUR/USD flirts with daily highs, retargets 1.1900

EUR/USD regains upside traction, returning to the 1.1880 zone and refocusing its attention to the key 1.1900 barrier. The pair’s slight gains comes against the backdrop of a humble decline in the US Dollar as investors continue to assess the latest US CPI readings and the potential Fed’s rate path.

GBP/USD remains well bid around 1.3650

GBP/USD maintains its upside momentum in place, hovering around daily highs near 1.3650 and setting aside part of the recent three-day drop. Cable’s improved sentiment comes on the back of the Greenback’s  irresolute price action, while recent hawkish comments from the BoE’s Pill also collaborate with the uptick.

Gold clings to gains just above $5,000/oz

Gold is reclaiming part of the ground lost on Wednesday’s marked decline, as bargain-hunters keep piling up and lifting prices past the key $5,000 per troy ounce. The precious metal’s move higher is also underpinned by the slight pullback in the US Dollar and declining US Treasury yields across the curve.

Crypto Today: Bitcoin, Ethereum, XRP in choppy price action, weighed down by falling institutional interest 

Bitcoin's upside remains largely constrained amid weak technicals and declining institutional interest. Ethereum trades sideways above $1,900 support with the upside capped below $2,000 amid ETF outflows.

Week ahead – Data blitz, Fed Minutes and RBNZ decision in the spotlight

US GDP and PCE inflation are main highlights, plus the Fed minutes. UK and Japan have busy calendars too with focus on CPI. Flash PMIs for February will also be doing the rounds. RBNZ meets, is unlikely to follow RBA’s hawkish path.

Ripple Price Forecast: XRP potential bottom could be in sight

Ripple edges up above the intraday low of $1.35 at the time of writing on Friday amid mixed price actions across the crypto market. The remittance token failed to hold support at $1.40 the previous day, reflecting risk-off sentiment amid a decline in retail and institutional sentiment.