Your actual trading may result in losses as no trading system is guaranteed.
Today’s GBP/USD Signals
Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1. Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1. You can exploit these levels or zones by watching the price action that occurs at the given levels. Yesterday I maintained my bullish bias, but the price has continued to move down and invalidate key support levels, even against the British Pound which is relatively strong.
We are seeing strong flows in the markets now, especially in the U. Dollar, so it is probably going to be difficult to trade with the trend. I think the most significant development to watch for today will be whether the price can get established comfortably below the psychologically important 1.
If so, it would be a bearish sign. I take no bias today, but I would enter a convincing bullish turnaround off 1. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page.
While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Close alert Thanks for following this author! Close alert You've unfollowed this author. You won't receive any more email notifications from this author.
Trades must be entered before 5pm London time today only. Short Trade Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.
All information on this website is for educational purposes only and is not intended to provide financial advice.
Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold eNetGroup Inc. The use of this website and or its contents constitutes acceptance of our disclaimer. Problem with the site?
Click here to contact us. Forex Academy Quick Links:. Don't let your trading account crash and burn - get educated! A Trader Without Perspective Is Trading Blind Our one-of-a-kind analytics packages offer unparalleled perspective into the minds of talented market professionals.
Charting Terminal and Dealing System Price: Retail Traders, Money Managers, Brokers. Please correct the errors below: Our Global Forex Community. Next Free Forex Webinar. October 03 October 3rd, 4: October 02 October 2nd, 5: