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FOREX

GBPUSD DAILY&WEEKLY VIEW

gbpusd daily 19 de agostogbpusd weekly 19 de agostoSHORT position: 1,57530;SL 1,57815;TP 1,55438-1,53864

I was expecting this movement since the beginning of August.It has a strong confluence are between weekly and daily charts. So reasons to my entry:

– Fibo 61.8 ( of last high)

-Important resistance with several touches, so the market probably will react as in the past.

– correction in rsi ascending triangle in weekly chart.

what denies my strategy? a close above 1,57815.

This article doesn´t excuse a reading of a discloser.

 

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