{"id":205,"date":"2020-08-15T11:47:28","date_gmt":"2020-08-15T11:47:28","guid":{"rendered":"https:\/\/www.from1tomillion.com\/blog\/?p=205"},"modified":"2020-09-26T15:03:16","modified_gmt":"2020-09-26T15:03:16","slug":"gbpusd-on-crossroads","status":"publish","type":"post","link":"https:\/\/www.from1tomillion.com\/blog\/2020\/08\/15\/gbpusd-on-crossroads\/","title":{"rendered":"GBPUSD on crossroads!"},"content":{"rendered":"\n<p>Pound is offering good opportunities for range trading during the past 2 weeks, with the price stuck in a small range, which mostly means that it is preparing for a big move&#8230;either up or down. For shorts, we have a clear SL zone above 3600, if it starts dropping, the first big target zone is 2500 and a small one at 2800, which was my initial short target for august. From a technical perspective, its a clear short of GU between 3100-3200, but pound doesn&#8217;t always respect technicals, especially not before spiking above or below good entry zones. So it might be a good opportunity to watch and evaluate and look for shorts if it isn&#8217;t able to break above 3200. Eventually bulls will get tired, if we stay in the current range, and give up. Then, 2800 would be the first target for bears.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"405\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/09\/15GUm1-1-1024x405.png\" alt=\"\" class=\"wp-image-280\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/09\/15GUm1-1-1024x405.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/09\/15GUm1-1-300x119.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/09\/15GUm1-1-768x304.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/09\/15GUm1-1.png 1141w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"407\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/08\/15GUw1-1024x407.png\" alt=\"\" class=\"wp-image-207\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/08\/15GUw1-1024x407.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/08\/15GUw1-300x119.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/08\/15GUw1-768x305.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/08\/15GUw1.png 1141w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Pound is offering good opportunities for range trading during the past 2 weeks, with the price stuck in a small range, which mostly means that it is preparing for a big move&#8230;either up or down. For shorts, we have a clear SL zone above 3600, if it starts dropping, the first big target zone is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/205"}],"collection":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/comments?post=205"}],"version-history":[{"count":3,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/205\/revisions"}],"predecessor-version":[{"id":281,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/205\/revisions\/281"}],"wp:attachment":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/media?parent=205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/categories?post=205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/tags?post=205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}