EN

GBPUSD - Downward trend will continue, Short trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairGBPUSD
Publication Time5/20/19 3:54 PM
Direction Sell
Status Closed (1.2800)
May 20, 2019
May 27, 2019
Forecast
-75 p
1.2800
Stop Loss
1.2725
Entry
+90 p
1.2635
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on GBPUSD. As a result, we recommend considering only Short trades at this time.
  2. The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
  3. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
    index: 1x 0.03104305267334s
t_/pages/forecast: 1x 0.029064893722534s
t_/common/header-new: 1x 0.018929958343506s
t_/common/head: 1x 0.016201019287109s
t_/common/footer-new: 1x 0.0025711059570312s
router_page: 1x 0.0010459423065186s
t_/popups/on-download: 1x 0.00056314468383789s
router: 1x 0.00048685073852539s
t_/common/cookie-banner: 1x 0.00037693977355957s
service-routes: 1x 0.00022697448730469s
t_/blocks/sidebar-afil: 1x 0.00013589859008789s
router_redirection: 1x 0.00011014938354492s
t_/popups/zoom: 1x 1.3113021850586E-5s
----- END OF DUMP (2024-10-22 16:26:10)  -----