Forex Trading Ideas: GBP/USD Price Falls Down!

May 17, 2020

1030

The GBP/USD had a bearish ‘Regular Divergence Trade Setup’ these past few weeks in the Forex Market. Giving Forex traders between one hundred and two hundred and forty pips. Depending what your entry price was.

However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce just above the 50.0% Fibonacci level. Then it crashed down to the 0.00%. We have strong major support at 1.1670. And resistance at 1.2630.

This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site

FTC Compliance: All Feedback and Testimonials on this website (Jason Sweezey / divergence-trading.com) are genuine and FTC Compliant. No incentives have been provided to obtain the testimonials.

All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose. You can lose more than your initial deposit and stake. Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved and if necessary seek independent advice. Jason Sweezey (divergence-trading.com) will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Online trading involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We are required to tell potential investors that our software's past performance does not necessarily predict future results, therefore you should not speculate with capital that you cannot afford to lose.

HIGH RISK INVESTMENT WARNING: Online trading is highly speculative, carries a level of risk and may not be suitable for all i nvestors. You may lose some or all of your invested capital, therefore you should not speculate with capital that you cannot afford to lose. Please click here to read a full risk warning.

Jason Sweezey (divergence-trading.com) is a trading name of Jason Sweezey (divergence-trading.com), a Education Services Company. Jason Sweezey (divergence-trading.com) does not gain or lose profits based on your trading results and operates as an educational company. Jason Sweezey (divergence-trading.com) is not a Financial Services firm and does not operate as a financial services firm.

SITE RISK DISCLOSURE: Jason Sweezey (divergence-trading.com) does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading may not be suitable for all investors. Jason Sweezey (divergence-trading.com) doesn't retain responsibility for any trading losses you might face as a result of using the data hosted on this site. We have placed cookies on your computer to help improve your experience when visiting this website. You can change cookie settings on your computer at any time. Use of this website indicates your acceptance of this website's Privacy Policy.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAN ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

NFA and CTFC Required Disclaimers: Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.

Trading Ideas

trading-systems

Regulated Brokers

Forex System Reviews

Forex Trading Ideas: GBP/USD Price Falls Down!

Trading Ideas

trading-systems

Regulated Brokers

Forex System Reviews

RELATED ARTICLESMORE FROM AUTHOR

The GBP/USD had a bullish ‘Regular Divergence Trade Setup’

Forex Trading Ideas: GBP/USD CRASHES DOWN!!!

Forex Trading Ideas: GBP/USD Rallies Up Then Back Down! Then Back Up – Then Back Down with No Gain This Week!

RELATED ARTICLES MORE FROM AUTHOR