Here I have GBP/USD on the 1 Hr Chart!!
I've been tracking GU since its been navigating through this Consolidation and with the Negative News for USD today and possibly the rest of the week, I believe we are starting to see a Valid Break of this Falling Resistance to help push GU HIGHER!!
I have entered a Sell Trade @ 1.2715 after it had come down, Tested the Break AND the Support Zone TWICE showing strong Bullish pressure!!
SL @ 1.2701, Just underneath Support Zone!
Fundamentally this week is BIG:
GBP - Monetary Policy and Bank Rate (Thur)
USD - FOMC (Today) Unemployment (Thur) Average Hourly Earnings, Non-Farm and Unemployment (Fri)
I've been tracking GU since its been navigating through this Consolidation and with the Negative News for USD today and possibly the rest of the week, I believe we are starting to see a Valid Break of this Falling Resistance to help push GU HIGHER!!
I have entered a Sell Trade @ 1.2715 after it had come down, Tested the Break AND the Support Zone TWICE showing strong Bullish pressure!!
SL @ 1.2701, Just underneath Support Zone!
Fundamentally this week is BIG:
GBP - Monetary Policy and Bank Rate (Thur)
USD - FOMC (Today) Unemployment (Thur) Average Hourly Earnings, Non-Farm and Unemployment (Fri)
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
Keep It Current,
With Novi Fibonacci!
~~~~
Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.