EUR/USD ANALYSIS: 09/ 09 - 14

FOREX SIGNAL AT MQL5

GBP/USD WEEKLY CHART PLAN: 05/13/2018

The GBP/USD has a high probability chance for either buy or sell plan in future.

The technical analysis of the pair shows that the price is at possible support of trend line, moving average 50, Fibonacci 38.2%.

More over, the RSI is almost oversold which indicates the seller may ready to take profit. With a spinning top candle last week shows the possible pullback to near moving average 13 or previous resistance at 1.4000.

The fundamental analysis of GBP, and USD is not changing when both economies are looking good.

However, nothing is 100% sure so I test the plan with small trades and add big one when everything is confirms the buyers are there.

If the possible support is not valid, there will high chance the pair may downs to previous bottom.

FOREX ANALYSIS: GBP/USD

FOREX SIGNAL AT MQL5