Cable Rate GbpUsd Rate Not Stopping 1.2990

19/10/2019 GbpUsd - Cable Rate Appears not to be Stopping off at the 38% percent monthly chart bar high 1.2950 - 1.2990
Only as appearance I can see is still powering on within the current trend Higher not what was Expected.
So I will need to Close this Set-Up unfortunately to all my followers. And work on a new set-up to the Higher End of Pricing and the current Phase.
I was expecting Price to used the Pivot Point Low at 1.2379 and then go on to 1.3875 as the high mark.

ความคิดเห็น:

Yes the Rate is still rising for no apparent reason - but may just be adding an additional 40pip higher before coming down. There can always be an additional few pips added to the end of trends but this is very expected.

On Further Analyzing the Trend -
19/10.2019 This is opinionated evident`s only - But from what I can see of the re-bounce occurring from 1.2990 & 1.2764 there appears an additional 228 pip added to current trend higher which should take Price into 1.3218 & 1.3250 as an educated opinion.
We now need to see if the Rate will stall and turn about within the next pips or weather Price will trend on higher.

การซื้อขายยังคงดำเนินอยู่:

20/10/2019 Follow forexcandles to receive current updates on market news stories and secure analysis reports on market conditions.

Newly Revised Cable Rate Gbpusd Pair high set at 1.3111 at Resistance Level towards Lower End Pricing at 1.2555

ความคิดเห็น:

11/112019 GbpUsd Rate may have extra high at 1.3033
5-minute chart high only.

การซื้อขายยังคงดำเนินอยู่:

12/11/2019 Late Evening Spot Price 1.2850 looking for a break below 1.2816 towards continuation lows at 1.2359 trend is Down - Follow along at forexcandles towards learning how to trade the currency pairs effectively.

ความคิดเห็น:

11/112019 GbpUsd Rate may have extra high at 1.3033
5-minute chart high only.

ความคิดเห็น:

We are at Currently at A 38% percent bar retrace high - and the bar is then equal too 200% bar on the h1 chart high - So validates the index as the trend is In Down- and at a down-trend stage - Not these Signals in between - Signal is NOW set at at 100% Accuracy

Here`s Current Signal & Forecast - It is Just Below -
12/11/2019 Late Evening Spot Price 1.2850
Looking for A break below 1.2816 will validate the index towards continuation lows at and towards 1.2359 at support level trend is Down -

Follow along at forexcandles towards learning how to trade the currency pairs effectively.

ความคิดเห็น:

15/11/2019 GbpUsd Rate or the Cable Rate at 1.2915 should cover the present inside bar swing high phase - As A Higher Low trend - Expected Outcome is Price should add Consolidation Trend towards 1.2359 at 61% bar low.