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Shorting the GBP/USD
會員從Mar 31, 2017開始
8帖子
會員從Mar 31, 2017開始
8帖子
會員從Mar 31, 2017開始
8帖子
Apr 10, 2017 at 06:58
會員從Mar 23, 2017開始
36帖子
The Sterling has started the week on a string footing, now pushing GBP/USD to the area of daily highs near 1.2390.
Currently, GBP/USD is trading at 1.2390, up +0.15%, having posted a daily high at 1.2393 and low at 1.2351.
Brexit negotiations could weigh on cable.
To know the stop loss and target price of the forex pairs visit https://www.mmfsolutions.sg
Currently, GBP/USD is trading at 1.2390, up +0.15%, having posted a daily high at 1.2393 and low at 1.2351.
Brexit negotiations could weigh on cable.
To know the stop loss and target price of the forex pairs visit https://www.mmfsolutions.sg
會員從Mar 31, 2017開始
8帖子
Apr 13, 2017 at 06:51
會員從Mar 23, 2017開始
36帖子
The GBP/USD pair is on a four-day winning spree, now extending its bullish run towards 1.2600 levels amid renewed broad USD weakness, as the treasury yields continue to tumble in response to fading Trump trade.
GBP/USD Levels to consider
The immediate resistance for the pair could be seen at 1.2595 (Classic R2/ Fib R3) followed by 1.2615 (Mar 27 high) and 1.2700 (zero figure). To the downside, supports are aligned at 1.2500 (psychological level), 1.2481/77 (20 & 5-DMA) and 1.2464/50 (10-DMA/psychological level).
TREND INDEX:
Bearish
AVG SELL PRICE:
1.2448
AVG BUY PRICE:
1.2377
To know the stop loss and target price of forex pairs visit https://www.mmfsolutions.sg
GBP/USD Levels to consider
The immediate resistance for the pair could be seen at 1.2595 (Classic R2/ Fib R3) followed by 1.2615 (Mar 27 high) and 1.2700 (zero figure). To the downside, supports are aligned at 1.2500 (psychological level), 1.2481/77 (20 & 5-DMA) and 1.2464/50 (10-DMA/psychological level).
TREND INDEX:
Bearish
AVG SELL PRICE:
1.2448
AVG BUY PRICE:
1.2377
To know the stop loss and target price of forex pairs visit https://www.mmfsolutions.sg
Apr 19, 2017 at 07:53
會員從Mar 23, 2017開始
36帖子
A quiet and eventless Asian session was witnessed today, as dust settled over a volatile Tuesday led by extensive GBP flash rally. Cable corrected further away from six-month tops reached in a flash to 1.2912, now look to test the downside support at 1.2800 levels.
The GBP/USD pair had the best performance in three months. It broke two key medium-term resistance levels.
For live forex updates, visit https://www.mmfsolutions.sg
The GBP/USD pair had the best performance in three months. It broke two key medium-term resistance levels.
For live forex updates, visit https://www.mmfsolutions.sg
Apr 20, 2017 at 08:57
會員從Mar 23, 2017開始
36帖子
After yesterday, the pound made a modest retreat in the market on Thursday. It preserved key technical levels that broke during Wednesday’s rally.
The GBP/USD pair failed several attempts to regain 1.28 handle in early Asia, and now wavers in an almost 20-pips trading range, as persistent US dollar strength across the board keeps the prices in check.
However, the spot manages to find some support from risk-on trades amid positive Asian stocks and oil prices, which buoys the sentiment around the risk currency GBP.
GBP/USD LEVELS
Momentum above 1.2860 (daily high) could lift the pair above 1.2912 (flash rally high), beyond which a test of 1.2950 (psychological levels) is imminent. Conversely, a break below 1.2773 (daily low), leading to a subsequent break below 1.2750 (psychological levels) is likely to drag the pair towards testing its next support near 1.2706 (5-DMA).
TREND INDEX
Strongly Bearish
AVG SELL PRICE
1.2781
AVG BUY PRICE
1.2528
The GBP/USD pair failed several attempts to regain 1.28 handle in early Asia, and now wavers in an almost 20-pips trading range, as persistent US dollar strength across the board keeps the prices in check.
However, the spot manages to find some support from risk-on trades amid positive Asian stocks and oil prices, which buoys the sentiment around the risk currency GBP.
GBP/USD LEVELS
Momentum above 1.2860 (daily high) could lift the pair above 1.2912 (flash rally high), beyond which a test of 1.2950 (psychological levels) is imminent. Conversely, a break below 1.2773 (daily low), leading to a subsequent break below 1.2750 (psychological levels) is likely to drag the pair towards testing its next support near 1.2706 (5-DMA).
TREND INDEX
Strongly Bearish
AVG SELL PRICE
1.2781
AVG BUY PRICE
1.2528
會員從Aug 17, 2021開始
94帖子
Nov 13, 2021 at 16:13
會員從Aug 17, 2021開始
94帖子
Shorting (or 'selling') the pound means taking a position that will earn you a profit if the value of the pound goes down in relation to other currencies. Selling is the opposite of going long (buying), which means taking a position that makes profit if the pound's market price increases.
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