GBPUSD 1Hour Signal Chart

Follow signal progress on the chart below.

British Pound vs US Dollar 60 minute chart (click on chart to zoom)

GBPUSD Comment

Good evening , This is our view regarding the British Pound vs US Dollar pair, following the North American session today Thursday October the 12th. By: Serena Adams – www.lionsignals.com


The British Pound vs US Dollar pair, Has surged higher during the North American session this afternoon. With the pair gaining nearly 13 pips, it continue’s to move in a strong BULLISH trend as it did in the past days ( view Daily chart below ).
On the other hand, GBPUSD is holding well below the long term 200 days simple moving average (thats why we dont recommend any trades on the GBPUSD for the coming days).
The 50 and the 20 days simple moving averages are also confirming continuation for the well established BULLISH trend.
CONCLUSION: As per above general BULLISH trend; Only trades to be considered following completion of any counter trend correction on the 60-minute chart.

β–² Buy Signal Details

Time Th 2017.10.12 19:33
Pair GBPUSD
Buy@ β–² 1.3264
Stop @

None Re-check for Update!

1s TP @

None Re-check for Update!

2nd TP @

No 2nd TP!

British Pound vs US Dollar Buy signal information table


GBPUSD Chart

GBPUSD Daily Live Chart


(Note: This conclusion is only valid as long as price is holding the 200 periods simple moving average (red dotted line) on the 60-minute chart,
A signal is available now for review on the right
)

JOIN OUR LIVE FOREX SIGNALS AND GET FULL TRADING PLAN, LIVE CHART & FULL ANALYSIS REPORT.