Libra Esterlina/Dólar AmericanoViés de baixa
GBPUSD first time traded above 100 day SMA since august 2014!
Technical picture
That's simple idea to trade short as a rebound from 100 day SMA, overall trend is still bearish that undoubtedly adds odds for short position. Also stochastics (14 3 3) on H4 and D1 are in overbought zone both that confirms continuation of downtrend. I put in s/l that exceeds average day's volatility for the last 10 weeks. But s/l could've been far smaller as there is clearly seen resistance on H4.
Fundamentas
It's still dollar-bulish market environment, though British economy is doing not so bad, there is "election mode" coming which adds uncertainty about GBP.
That's simple idea to trade short as a rebound from 100 day SMA, overall trend is still bearish that undoubtedly adds odds for short position. Also stochastics (14 3 3) on H4 and D1 are in overbought zone both that confirms continuation of downtrend. I put in s/l that exceeds average day's volatility for the last 10 weeks. But s/l could've been far smaller as there is clearly seen resistance on H4.
Fundamentas
It's still dollar-bulish market environment, though British economy is doing not so bad, there is "election mode" coming which adds uncertainty about GBP.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.