Keeping my eye on the GBP tonight, with a focus on GBP/USD. News may give a trap move at the recent resistance leading to a entry.
EUR/USD, USD/CHF, GBP/JPY May all give setups aswell but the Pound looks the cleanest.
The below link shows a basic analysis of the GBP/USD with numbers to reference.
https://jack2012.tinytake.com/sf/MzkyMDg5XzIxODk2ODM
1. Bearish Trend
2. Recent Resistance/Weakness (entry from this level)
3.Fib
4.Weakness
5.Low Buying
Anything can happen over the next couple hours that could change the analysis and lead to no trade or a different pair altogether. I will try and post any entries later tonight before the move. but this may not be possible if things happen to quick.
Thanks
Jack
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british pound sterling
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Keeping my eye on the GBP tonight, with a focus on GBP/USD. News...
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