A few days before Tuesday, which is a detailed
day for the British exit scenario and expectations, expectations of re-voting,
and many media scenarios about alternatives, damage and gains, we can find
excellent trading opportunities for extraordinary profits on GBP pairs Stay of
the week
But I must first note that the size of the
account must be commensurate with the size of risk, we can see sharp movements
on these pairs while we must take into account the possibility of some brokers
to increase the spread and reduce the leverage on the Australian pairs during
that period so before we start trading On GBP pairs we must prepare well for
all these factors and can create a separate account separate from the basic
trading account for the Sterling in that period
We return to GBP couples and how to trade them
during that period
GBP AUD
The pair made significant gains during the
week, taking advantage of the Australian weakness, which we do not expect to
continue for a long time. The pair reached 1.87740 levels which are not
suitable for buying, while we did not get any indication of the end of the
upside wave either through the RSI or the MACD, The highest averages are 25 and
50 days
So we prefer to place pending orders on the
pair in anticipation of sharp declines that may occur on the pair between now
and the end of next Tuesday
Pending purchase orders are as follows
Buy from the areas of 1.8093 and 1.7900
Stop loss
Take Profit 1.8770
GBP CAD
Some of the declines on oil prices gave the
pair a suitable opportunity to rise since mid-February but the momentum may be
lost at any moment and the technical retreats could move towards the main
support areas where we can place pending purchase orders in the following areas
Buy from the areas of 1.7178 and 1.6960
Stop loss 1.6700
Take Profit 1.7780
GBP NZD
This pair is likely to be the nearest pair to
retreat towards the main support levels. The pair has continued to rise since
mid-February but we have a negative trend currently on the RSI and in view of
the market developments we can see declines towards the initial support areas
at 1.9159 To buy
We can place outstanding orders at
1.8905 and 1.8774
Stop loss at 1.8500
Take profit at 1.9600
GBP JPY
The pair has risen since mid-February to touch
the 148 area, which retreated slowly during the week but the pair could retreat
further towards the initial support areas at 145.20, which represents a
technical buying area but of course we also have another factor affecting the
identification of the appropriate places of purchase, So we prefer to place
some pending purchase orders as follows
Pending buy orders at 145.20 and 143.10 and a
big buyout order at 142.00
Stop loss at 138.00
Take profit at 152
GBP USD
We have clear signals on the stability of the
pair near the main resistance areas with a positive direction so far on the RSI
and MACD but do not overlook that we are near the important date of the British
Brexit critical dates so even if we have active purchase orders from the
current areas we can place pending purchase orders In the classic support areas
during the British Brexit march as follows
Pending purchase orders at 1.3015 and 1.2930
and a big buyout order at 1.2765 area
Stop loss at 1.2650
Take profit at 1.4000
Note: Some may find that these trades determine
relatively long stop loss areas with other profit-taking areas too. I invite
everyone to take a look at the daily chart. We have reached most of these areas
successfully during last year's trading up and down while we have a crucial
variable that we will not open (in the case of the Australian and the New
Zealand), we will recognize that status The GBP, which actually absorbed all of
the risks within its current pricing, may be subject to declines due to
speculation or profit closures or the exit of some funds from the Australian
markets but mainly the negative factors of the Brexit have been absorbed so we
prefer to buy opportunities and long positions Out of the reach of expected
speculative moves
Please note that we will republish portions of
the placement in detail for each pair to give the opportunity to anyone who
wants to comment or question about each pair
good luck for everybody
My recommendations and analysis can
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