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GBP/USD - Enough Reaction to Anticipate Support

The GBP/USD fell to a key consolidation support area last week, but stalled there a couple of days before a rebound. The rebound was stronger than the few bearish candles preceding it suggesting that there bulls are strong here around the 1.51 area. 

GBP/USD Daily Chart 10/4
(click to enlarge)

Also note the bullish divergence between the price lows and the RSI lows. The 2 noted technical signals are telling me we should monitor this 1.51 as support and perhaps formulate a trading idea here.

When we look at the 4H chart, we still see a bearish market, so let's not jump the gun. The 4H RSI held under 60 indicating maintenance of the bearish momentum. Price is still trading under the 200-, 100-, and 50-period simple moving averages. These are not good signs to buy with. Plus, there is still further downside to 1.5088, the next support/resistance pivot from May. 

GBP/USD 4H Chart 10/4
(click to enlarge)

One idea is to wait for price to make another low. But that would essentially invalidate the bullish reversal signals discussed above. So, the other more aggressive idea, would be to anticipate a price bottom being formed. The 1.5150 area is an eyeball common support over the past few sessions. I might need to put a stop below 1.5088, let's say 1.5070. The 1.5330 area is the first pivot to monitor to the upside. The aggressive target could be around the 1.5450 area. The reward to risk is at least 180:80, a bit better than 2:1. Not bad.