Free forex signal

There are no difference cable action with the last friday and previous friday before.let mark the important point first,in a narrow range im waiting 1.9880 and 1.9990 to determine the next potential direction,don't entry for the breakout only,but the closing 1hour or 1daily candle above or below 1.9880,1.9990 or between 1.9880 to 1.9990 range.Shooting star candle formed at daily chart,but stochastic just exit from the oversold condition.Technically pound fail to bounce last week,just meet the upper trendline before retreat to 1.9930,this situation suggest more downside pressure in progress.1 bear candle on monday should confirm this action.


Aggressive trader:

Long small position at 1.9990 with minimum target around 2.0030 and maximum target 2.0090,stop loss only 60pips.
Sell a small lot at 1.9880 with minimum target around 1.9830 and maximum target 1.9730

i will update again on wednesday or thursday before gbp interest rate statement data release,anyway don't forget to trailing your stop loss and good luck;)