Trading Ideas

[Jim B]

Gbpusd

With sentiment and technicals both presenting bearish signs I will be looking at shorting opportunities this week. The double top break lower is heading for the 50% fib level and I will be looking to sell from a break of this point! As we know the fundamentals right now are largely negative due to the ever growing debt bubble caused by the covid19 pandemic and you should largely be trading the technical analysis.

Got a sell on this pair at the moment, it’s been trending down for a couple of weeks.

 

[ScottHughes]

Already selling here from london open, hopefully will kick into profits at NY

 

[pezz55]

Gbpusd

With sentiment and technicals both presenting bearish signs I will be looking at shorting opportunities this week. The double top break lower is heading for the 50% fib level and I will be looking to sell from a break of this point! As we know the fundamentals right now are largely negative due to the ever growing debt bubble caused by the covid19 pandemic and you should largely be trading the technical analysis.

Could we not see a big push to the upside from the 50 level back towards the 1.23 level?

 

[ScottHughes]

Got stopped out on all my GBP sells. It travelled some yesterday great day for the bulls

 

[K_Robdog]

Nice analysis, I'll be keeping an eye on this pair

 

[sebking1986]

Got stopped out on all my GBP sells. It travelled some yesterday great day for the bulls

Indeed it has been a very busy week so far. Not often Monday is that active

 

[LuckoftheFX]

Did not expect this to go up so strong

 

[Bear Vs Bull]

banks pushing price up

 

[Christina Ledger]

banks pushing price up

fx markets are really unrpedictable at the moment for sure.

 

[momo3HC]

fx markets are really unrpedictable at the moment for sure.

Sure and only FX markets but all. Even crypto.