Buy on bounces

May 26, 2015

Daily chart: no comments. Growth presents here.

Í4: Growth is supported by fire from all guns. One can join this movement on bounce.

Í1: the best possible area of bounce - 121.63, but it is a big question whether it will be as deep.

Expectations: an active phase of growth will take a few days, so we must look for chances to buy as the price decides to bounce down.

Trading decisions:

1) Catch the pair lower (the best possible area is 121.63) and buy.

Publication source
FreshForex information  FreshForex reviews

January 17, 2017
Sterling Struggles Ahead of Theresa May's Speech
Theresa May will make a speech outlining her plans for Brexit tomorrow, Tuesday 17th Jan, before the UK triggers Article 50 to leave the EU...
January 17, 2017
Volatility elevated ahead of May's Brexit speech; Pound recovers
Financial markets are anxiously awaiting U.K. Prime Minister Theresa May speech later today where she will lay out a detailed divorce plan from the EU.
January 16, 2017
Sterling slides on Theresa effect
The heightened hard Brexit fears have triggered a steep Sterling selloff during the early trading hours of Monday with the GBPUSD tumbling to a fresh three-month low at $1.1983...

Fort Financial Services Rating
 FXTM Rating
FxPro Rating
Grand Capital Rating
HotForex Rating
Trade360 Rating

TropicalTrade Rating
EZTrader Rating
Beeoptions Rating
OptionsXO Rating
Anyoption Rating
IQ Option Rating