STEIN INVESTMENTS - MORNING BRIEFING MARKET ANALYSIS
Today we are focused on the GBP which continues it's downtrend.
The trends of the major pair is in-line from M1 to D1, so let's spot the currency strength.
GBP turned weak during the morning session and offers great opportunities against the USD, CAD, EUR and JPY.
In this example, we had a long sideways move and the delta jumped to clear SELL for GBPJPY recently.
So let's check the support and resistance analysis for this pair.
This support level has been tested twice within the last days so we expect it to be broken soon.
This is how all three steps look in one research chart.
Find
the right trading opportunities day by day!
(and
learn when to better stay out as well)
1. Visit https://www.mql5.com/en/blogs/post/677671
2. Have a look at our free News Channel -> https://t.me/STEIN_INVESTMENTS_NEWS
Besides the advantage of professional in-depth market analysis
provided by my tools,
you'll get access to an exclusive group of skilled and successful
traders who are willing
to share their experience and trades with anyone interested.
It
takes just two steps to become part of our great and successful community
1. Get
your toolset at https://www.mql5.com/en/users/blueball/seller
2.
Send proof of your purchase to https://t.me/SteinInvestments
and
you'll get your invitation to our amazing group chat
All the best and happy
trading
Daniel