TheTradersAvenue

GBPUSD > Trading Plan, for Buy and Sell

FX:GBPUSD   Libra Esterlina/Dólar Americano
Analysis of #GBPUSD


The GBPUSD is on an uptrend after the recent events that happened, I suspect the pound is running out of steam.

Looking at my chart I have highlighted 2 important levels for sell and buy, as you can see

we have an important key market resistance level near 1.1800, a good level to start looking for a sell entry.

On the other hand, we have a strong shelve support level near 1.1400 also trendline support where I believe we will see traders coming back to the market to buy the GBPUS, which would be a good buy entry




Thanks for your continued support!

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