Forecast Opportunity

Date Posted:       06 Dec

Ccy Pair:              GBPUSD

Trade Action:     BUY

Order Type:        Stop Entry Order

Execution:          Trendline Trader

Trade Parameters – PENDING

Stop Loss         1.3137                -35p

Entry                  1.3172

Take Profit       1.3322              +150p

Chart & Forecast Details

GBPUSD has been under pressure with all the issues surrounding Britians exit from the EU. Recent potential positive Brexit outcomes are putting an underlying bullish tone on GBPUSD and have it breaking the Hourly, Daily and weekly trendlines. With no resistance on the topside above 1.3155 it could potentially explode towards 1.4000.

Key Fundamental Data: UK Election Polls + UK Election 12 Dec

Brad Gilbert

CEO & Founder of Traders4Traders – Brad has been trading for 28 years and was a former Chief FX Trader for Citibank. Brad trades all markets and all timezones.

Trades: EUR, GBP, AUD, NZD, CAD, JPY, CHF, DOW, SP500, OIL, GOLD

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