Monday , August 21 2017
enar
Home » Forex Trades » New Forex Trading Signal: Sell GBPUSD @ 1.3030

New Forex Trading Signal: Sell GBPUSD @ 1.3030

Sell GBPUSD @ 1.3030. Take profit targets @ 1.2980 and 1.2950

Stop loss @ a close above 1.3070

Conviction:

On the 4 hours chart, the USDCAD moving average is heading downwards and it’s showing weakness as the CCI is in the over bought zone. Moreover, the MACD signal line and the histogram are crossing the zero level which confirms on the shift of the dominance from the buyer to the sellers.

Subscribe to FXLORDS Forex Trading Signals Here

XTrade Mobile App

About Razi Hammoudeh

Razi’s professional experience was gained over the course of more than a decade working with leading Forex market makers in the Middle East, Asia and Europe where he learned about trading, financial instruments and global markets. Being exposed to the wide range of skills he acquired along the years, he continued to develop his trading strategies and further improving his track record in Forex trading. He used innovative business development strategies to find FXLORDS, helping it to rapidly become a major provider of education and trading tools to the successful trader. He is an enthusiastic individual, motivated by challenge and renowned for pushing the limits, always looking to gain some more experience and help as much as possible along the way.

Check Also

New Forex Trading Signal: Sell NZDUSD @ 0.7270

Sell NZDUSD @ 0.7270. Take profit targets @ 0.7230 and 0.7200 Stop loss @ a …