Today USD news will create volatility. SO I will trade GBPNZD. One of the reason is weak NZD and good employment news for GBP. I think bottom is formed and we can see gains in next days. We can see 1.8 and 1.9 in next weeks too.
Sometimes I try swing trades. Low risk swing trade I will try now at 1.1285.stop loss is 1.131. My target is 1.112. I want to see double wave and strong resistance around 1.129.
Today I was keeping long GBPUSD trade.I am long from 1.267 and now I want to see more gains. But after bad CAd news today I made new buy trade for GBPCAD :
Whole week GBP was struggled with support and now we can see bullish pattern. Today price for GBPUSD went from 1.269 till 1.279 in few minutes after news.Price is above pivot and I see more gains. I want to see more gains above 1.28.
This days all eyes are in USD and GBP so I am trying to find risk free setup. EURCAD has nice bearish pattern. Last several days price can not create high and we can see new low. I sold at 1.51 today, stop loss 1.52 target is open.
GBPUSd is trying to break middle line of B. Band (20 MA on daily chart). After that I want to see price above 1.3. My stop loss is 1.282 and target 1.305. I am long from 1.286.
Today I am selling EUR pairs. I see that around 1.115 is resistance and after bad EUR news I want to see price below 1.11 : Another nice sell setup is EURCAD below and around 1.503, stop loss is 1.506 and target 1.492 :