Update: GBP/USD Closed 510 Pips

After pushing 900 pips on Tuesday, GBP/USD fell on the remaining days this week. The pair is now at the 30 EMA on Daily chart. I decided to exit the position with 510 pips and open again at 1.4330. It is a good entry signal I think: price at 30 EMA and QQE cross down. Stop loss also has move to 1.4000. Target remain at 1.6200-1.6428 (38.2% Fibo retracement). Another levels of retracement are 1.7331 (50%) and 1.8235 (61.8%). However, there are

Entry: Added GBPUSD to the Portfolio

GBPUSD touch 1.3654 this week but soon bounced to 1.38 area. I opened a position at 1.3812 with Stop Loss at 1.3494 low. I think it's a good price to buy the pair. First target will be 38.2% retracement area around 1.6428 and 50% retracement level around 1.7331 next. 13 EMA has just crossed above the 21 EMA on 4 hour time frame but the QQE indicator hasn't completely cross above the 50 level. Below is the picture.