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GBPUSD: Ascending Trend Favours the Buyers-BULLISH.

 

 

 

In spite of the ascending trend the pair GBPUSD saving its whole potential to do a favour for the buyers. In the 4 hr time frame, the pair witnessed an unusual Impulse formation @ 1.28278 that adding an extra advantage for the Upward move. Currently, the pair pointing its presence @ 1.30832, from this mark, the pair has an opportunity to form an Impulse to the Trend resistance. This action could easily fetch the mark 1.31983.

On the other hand, If the market faced any extraordinary situation and breaking the trend support and started to fall means, end the trade @ 1.30112.

SIGNAL SPECIFICATION

Entry: 1.30832

Tp: 1.31983

Sl: 1.30112

Risk Vs Reward: 1.6

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17 Sep 2018 11:30 am Posted by tamilforex

 
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