NZDUSD is trending upwards ⬆️ 71.8% of traders have a Long ⬆️ position open!

USDCAD is trending downwards ⬇️ 88.63% of traders have a Short ⬇️ position open!

BTCUSD is trending downwards ⬇️ 54.13% of traders have a Short ⬇️ position open!

AUDUSD is trending upwards ⬆️ 54.9% of traders have a Short ⬇️ position open!

GBPUSD is trending downwards ⬇️ 73.56% of traders have a Long ⬆️ position open!

BTCUSD is trending upwards ⬆️ 59.05% of traders have a Long ⬆️ position open!

BTCUSD is trending downwards ⬇️ 69.22% of traders have a Long ⬆️ position open!

NZDUSD is trending downwards ⬇️ 55.59% of traders have a Long ⬆️ position open!

GBP/USD produced a hammer after being bearish on the daily chart for several days. The price has been heading towards the South upon producing a double top on the daily chart. Thus, the sellers keep driving the price towards the South. The H1 chart today has been bearish from the very outset. It has made a breakout at yesterday’s lowest low as well. The sellers may find another opportunity to go short in the pair. Chart 1 GBP/USD H1 Chart The chart shows that the price made a breakout at 1.21840. The pair is trading below the level as of writing. If the price makes an upside correction and produces a bearish reversal candle at the breakout level, the sellers may go trigger a short entry below the level of 1.21640. Trade Summary Entry: Sell below 1.21640 Stop Loss: Above 1.21840 Take Profit 1: 1.21300 Take Profit 2: 1.21150 Take Profit 3: 1.20950

EURUSD is trending upwards ⬆️ 67.97% of traders have a Long ⬆️ position open!