gbpusdTrading Outlook

Gbpusd: daily trading levels

looking for Retracement!

Yeasterday the pair has had selling momentum

so we are in view to searching golden ratio of fibo of yesterday’s retracement ( selling retracement)

Levels to putting in!

Apparently we are looking 1.3102 levels which to us could be a good selling point for 1.3040/1.3030 region.

Taking into consideration of stop loss 1.3131.

Alternative Seanario!

If we’d break out the 1.0310 region

it might be go further up side towards1.3142/ 1.3156

for the day under consideration that is 18th of December, 2019.

Thin Trading setup!

Finally it has to be incalcated thin trding senario keeping in consideration long holidays ahead

thus put sl with strictness in order to avoid any abrupt move against your trade.

Have a happy trading!