GBP/USD: Trade Plan:   Since the monthly time frame is at

Tian Kriek

Analyst


April 20, 2018 10:31 AM

BEARISH

Daily Trading Range: 84
GBP/USD: Trade Plan:   Since the monthly time frame is at a high price I am waiting for a  sell signal on the Daily chart   The sell signal will present itself in the form of the up inner trend line break.   Once the daily up trend line is broken then I shall look for sell trades

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 1.4050
Resistance 2: 1.4340
Resistance 1: 1.4340
Current Price 1.4020
Support 1: 1.3750
Support 2: 1.3560
Support 3: 1.3500

Two Hour Chart

Two Hour Chart

Other Currency Pairs

USD/CAD

Daily Trading Range: 70

BULLISH

AUD/USD

Daily Trading Range: 44

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EUR/USD

Daily Trading Range: 60

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Additional Currency Pairs