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Thread: GBP/USD pair discussion

  1. #3131
    My pips hand is weak
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    bukky12 is an unknown quantity at this point bukky12's Avatar
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    Answering the question about my sell trades on the pound sterling, I can say that my orders remain in the same position. If they reach the area of 42, I will close the lowest ones. If the price goes to the 43rd level, I will increase the volume. Besides, Im going to buy the euro, as it hasnt hit the years high yet. The bullish bias in the pound sterling seems to be weakening, so buy trades on this currency are rather risky.

    gbpusd-m15-instaforex-group.jpg

    Additionally, some people wonder how I can close my sell deals and get ready to sell again. Its easy. Once we approach the lower selling zone, close sell trades and watch the price behavior. If it resumes a rise, sell again.

  2. Fb
  3. #3132
    Forex in the blood
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    sweetfriends is on a distinguished road sweetfriends's Avatar
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    Next week is expected makrostatistika on the labor market, inflation and retail sales. The positive dynamics of these indicators will make it possible to draw conclusions about the possibility of raising the rate by the Bank of England, I recall that now it is 0.5%. The last increase was in November 2017. Technical growth on April 16 provided support for the moving average with a period of 60. Also, the MACD indicator issued confirmation in the form of convergence. Indicator AD does not break the trend, and gives a signal for continued growth


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