LADEEc57

$GBPUSD | Long Stops Hunted

Panjang
FX:GBPUSD   Paun British / Dolar A.S.
Weekly downside break below $1.3500 saw long stops setups triggered by algorithms pushing pricing to converge towards the 2nd bullish trend line at $1.3445 level before bouncing sharply to current levels $1.3540. Next week I see price action resuming it's bounce trajectory towards the $1.3711 range supported by strengthening EUR cross pairs and waning USD longs. Countering this move is a further strengthening action of $UKOIL nearing yearly highs at $77.00 USD, but a breather maybe in the works for a minor pullback, setting the stage for $GBPUSD bounce comeback.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.