Strelnig - Opportunities for Buy?
#trading_idea☄️ #GBPUSD
💸Sterling - Big Fall - Watch Opportunities
Sterling fell 👎 sharply by 0.75% on Thursday to $1.3169 after Bank of England Governor Andrew Bailey signaled the possibility of more aggressive rate cuts. This pushed traders to bet on another BoE rate cut before the end of the year. As a result, euro/sterling rose by 0.7%, now at 83.83 pence per euro. These market moves offer a great opportunity—remember the strategy 🤫 : sell on rumors, buy on facts—especially as tensions in the Middle East keep the dollar supported. Stay tuned for more updates!
On the 4-hour chart, pair is testing 1.3126 support The Bulls&Bears and Parabolic SAR both points to bearish sentiment. At the same time MACD is deep in oversold zone.
🔽A breakout down 1.3126 could lead to a slide towards the 1.31 area.
🔼While failure to break this level might cause a rebound to resistance at 1.3152 and higher.
Are you bear or bull on GBP?
😎 Hit "👎" if you believe the price will rise and "👍" if you think it will slide.
➡️GET $20,000 JUST FOR $99
💸Sterling - Big Fall - Watch Opportunities
Sterling fell 👎 sharply by 0.75% on Thursday to $1.3169 after Bank of England Governor Andrew Bailey signaled the possibility of more aggressive rate cuts. This pushed traders to bet on another BoE rate cut before the end of the year. As a result, euro/sterling rose by 0.7%, now at 83.83 pence per euro. These market moves offer a great opportunity—remember the strategy 🤫 : sell on rumors, buy on facts—especially as tensions in the Middle East keep the dollar supported. Stay tuned for more updates!
On the 4-hour chart, pair is testing 1.3126 support The Bulls&Bears and Parabolic SAR both points to bearish sentiment. At the same time MACD is deep in oversold zone.
🔽A breakout down 1.3126 could lead to a slide towards the 1.31 area.
🔼While failure to break this level might cause a rebound to resistance at 1.3152 and higher.
Are you bear or bull on GBP?
😎 Hit "👎" if you believe the price will rise and "👍" if you think it will slide.
➡️GET $20,000 JUST FOR $99
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