GBP/USD Trade Idea

Long Trade Idea for GBPUSD. We have arrived at the edge of the diagonal bearish trend-line going back as far as early 2018. If we break here it will be the start of a new bullish trend with more dollar weakening to be expected in the medium to long term. Initial bullish targets will be at the Monthly R1 @ 1.3360 with a medium a term target closer to the Monthly R2 @ 1.3620. The final target would be in the region of the Yearly R1 pivot @ 1.3850. Initial stop loss to be placed @ 1.3080

Bitcoin (BTCUSD) Setup Update

For those who agreed with our Bitcoin long idea at 11340-11400, you would now be close to 9% in profit.

Gold (XAUUSD) Setup Update

So far our Gold long idea have worked out very well with those who managed to catch the entry at around 1910-1920 already 5% in profit.