Livre sterling / Dollar américainMis à jour GBPUSD Trade Idea
In yesterday's analysis, I expected GU to have minor pullbacks for further bullish continuation, which was exactly what the market performed. In today's trading session, I will remain neutral bias despite the bullish momentum on GU due to the current over-extended condition (RSI, 75). I will be very cautious on the buys at the moment and pay attention to 1.3840 resistance level. I am expecting some sort of short-term rollover before further continuation the upside. But notice that price is respecting the 18 & 50ema ema very well, any pullback towards 18ema/ 50ema can be considered a good buy with proper trigger (candlestick pattern).
Do not forget the overall trend remains bullish on the higher timeframe.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Do not forget the overall trend remains bullish on the higher timeframe.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Note
Previous analysis
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.