Hassanmehmood, afternoon hope you are also good and healthy, yeah market is moving normal and we can grab some pips through this calm behaviour of the market. Hope we get bonus by today which is donít think we will get, because from last few weeks we donít get it on time.
Some talk about vaccines
Yeah thatís true that fizer-bioNtech vaccines shows 95% efficacy and they are waiting for the final stage once they get an approval from FDA then they will start packing and then distribution. So by the end of next month hopefully we will get a positive picture if this and hopefully life will start get in to normal then.
GBOUSD is currently trading at 1.3255 level, and it has keep trading in this bullish channel on daily time frame. Last week I have shared my analysis on gbpusd and this pair is doing the same way I was expecting and I hope many of you have followed that analysis. What I expect from Gbpusd now , gbpusd as it has been rejected from the trend line, now will try to touch the the support before any further attempt to rise. You can clearly see In my chart I have mentioned the way how Gbpusd is expected to move in upcoming session.
Entry and exit pint on gbpusd
Right now GBOUSD is trading at resistance,(trend line) and we can sell Gbpusd pair for the support trend line. Sell entry 1.3276, with stop loss 1.3300, for the target 1.3000.
I hope my chart explained it you in pretty good way and help you, in your trading setup.
Wish you good luck and I hope you have a healthy and happy day.