Hello traders welcome to a new trading day. I have looked at the charts and looks good. I have to say we are staying with the trend on most charts. I see that dollar strength is with us and helping on the dollar pairs. This looks to be a good trading day traders enjoy …..
OK let us take a look at the GBPUSD- This is the 30 minute chart.today we are looking at current price at an resistance. You can see price is in the middle of a range and I am looking for price to pull up to the R1 pivot. At that point I am looking to sell this at price of 1.5496. I see the daily pivot and we can expect a bounce there so be alert to that area. I would like to take profit at the 200 ema and the S1 pivot at price of 1.5430
Thank you traders talk soon …. William
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