Saturday, October 8, 2016

TFG Analysis & Signal for GBP/USD (10/10/2016) to (15/10/2016) Weekly

As we see the bad finger flash crash on pound 1.1800, now it have higher possibility to bounce back at 1.2900 which initial support started from. But its hard to trade at this point because of upcoming FED rate HIKE also have chance to cut 10% rate cut by BoE.

TFG Analysis & Signal for GBP/USD:

Trade: SELL at 1.2600
Target: 1.2000
Stop-loss: 1.2800
Spot: 1.2450

On the other hand,

Trade: BUY at 1.2200
Target: 1.2800
Stop-loss: 1.1800
Spot: 1.2450

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