GBPUSD - What then? 11.July.2019

GBPUSD have a very high probability that the current correction ended up! keep a very close eye if the market break above the resistance level which will even confirm that further!

Of course all corresponding pairs(USDCHF, EURUSD...etc) will be effected according to the appropriate correlation


Good luck,


To be updated...

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your stop-loss would be very tight, just below that little support area:

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Move your stop-loss so you have a risk-free trade!

this pair still shows a lot of bullish momentum :

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Take into consideration, I'll check the analysis to see if that could happen, what our best entry

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The iron resistance!

No more bull before penetrating this resistance, gain your profits!

I'll go a short with smaller lot, because till now, it would be merely a correction.

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Lets talk now about what could happen!

There is a high probability that the market ended the current correction, Penetrating that minor resistance would confirm this probability and of course use a very tight stop-loss,

Good luck,

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the current momentum, suggests the correction still strong, wait for resistance to be penetrated,

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the correction still in play

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Wait for accumulation on the current level and I'll keep an eye to catch the exact end and see if it will accumulate the necessary momentum to continue the bullish outlook, or the market will flip over.

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it's now up to momentum, if the market didn't find the necessary momentum, we will catch any counter trader :)

Good luck,

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Please refer to our latest idea :