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GBP/USD facing resistance

expertmarss Posted 11 Ott  in #Trader's blog #Forex #Trader Contest #Gbpusd
Hello traders,
While gbp/usd pair has shown a strong rally this week the 1.3200 to 1.3220 level is a strong resistance and the pair is unable to break through this level . A failure to break above 1.3220 could result in a sharp pullback upto 1.3140 level where there is support . Traders are advised to keep a watch of 1.3220 level for gbp/usd and trade accordingly.
Happy trading to all !
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EUR/USD

expertmarss Posted 1 Feb  in #Forex
after making a more than 40 day high the EUR/USD pair seems to be facing a resistance at 1.0800 to 1.0810 level
and is pulling back from that level
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expertmarss 6 Ott

US payroll  report  may move the fx markets  today  . The expected job grown is just 90k due to hurricane season . So in case the actual report beats market expectation by a good margin  the dollar will rally  leading to a sharp fall in eur/usd  and gbp/usd . Trade cautiously since volatility will be huge . 

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expertmarss 6 Ott

EUR/USD  could find a floor  at around 1.1700  due to a sharp decline in non-farm payrolls at -33k . The pair could stay sideways today  with no major movement as the deline in payrolls will be attributed to hurricane season . Maybe EUR/USD will  start moving up from next week .

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