Dukascopy Smart People Community

Blog de la Communauté FX

Filtrés par étiquette: GBP Too Low

GBP/USD finds support above 1.48

AdamFx42 Mis à jour 23 déc dans #Trader's blog #GBP Too Low #USD Weaker #Buying GBP/USD

Yesterday I noticed that Gbp/Usd was approaching 1.48
I decided to buy Gbp/Usd just above that level right away,
with a weaker Usd and Usd/Jpy lower, and Eur, Aud and Nzd stronger
it didn't make sense that Gbp/Usd kept falling - fundamentally
I added Gbp crosses to my Gbp/Usd long to hopefully catch some pips
The 1.48 level held for Gbp/Usd but it took hours to play out
I entered in the late afternoon and got out around midnight making only 10K
I do not like to leave my positions overnight other…

Lisez l'histoire complète

Traduire en Anglais Montrez l'original

Buying the lows in Euro and GBP

AdamFx42 Publier 1 avr dans #Trader's blog #Euro Recovery Expected #GBP Too Low

Eur/Usd and Gbp/Usd offer buying potential this month
Eur/Usd bounced hard from 1.05 in a technical analysis on the weekly charts,
it looks like a low might be in place for now,
so current level around 1.07 could be retracement from the move to 1.10
Also, Gbp/Usd looks like a buying opportunity to me,
because the pound is very low compared with Usd if we look at current economic climate,
a lot of traders believe pound should be higher and are waiting to buy;
it would be nice to catch this coming…

Lisez l'histoire complète

Traduire en Anglais Montrez l'original

Trade with Swiss Bank

Communauté

Mobile apps

Related resources

Dukascopy Connect 911

LIVE CONTESTS

Automated trading

SWFX TRADER

Miss Dukascopy

Miss Dukascopy

Code de conduite

Have a question?

Contactez-nous

Dukascopy Connect 911

Blog de la Communauté FX

GBP/USD finds support above 1.48

Buying the lows in Euro and GBP

Top bloggers

Top rated posts