Title
by Americanbulls.com LLC
Last Update
2019-08-22
GBPUSD
BRITISH POUND STERLING / US DOLLAR
Last Signal: BUY
Last Pattern: BULLISH ENGULFING
Last Close:
1.2250
Change:
+0.0123
Percent change
+1.01%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 1.2168, and our valid average buying price stands now at 1.2189. The previous SHORT signal was issued on 2019-07-23, 30 days ago, when the currency rate was 1.2437. Since then GBPUSD has fallen by -1.99%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
2019-08-221.2189BUY $12,080
2019-07-231.2437SHORT $9,470
2019-07-111.2519BUY $10,334
2019-06-261.2688SELL $10,344
2019-06-191.2587BUY $9,358
2019-06-131.2672SHORT $8,498
2019-06-071.2734BUY $9,150
2019-05-081.3006SELL $9,160
2019-05-011.3049BUY $9,614
2019-03-211.3170SELL $9,624
2019-03-131.3204BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day
Date 
Price 
Signal 
 
$10K ⇨ 
2019-08-221.2189BUY $21,395
2019-07-231.2437SHORT $18,785
2019-07-111.2519BUY $19,649
2019-06-261.2688SELL $19,659
2019-06-191.2587BUY $18,673
2019-06-131.2672SHORT $17,813
2019-06-071.2734BUY $18,465
2019-05-081.3006SELL $18,475
2019-05-011.3049BUY $18,929
2019-03-211.3170SELL $18,939
2019-03-131.3204BUY $19,305
2019-03-011.3236SELL $19,315
2019-02-181.2921BUY $16,197
2019-02-011.3083SELL $16,207
2019-01-071.2750BUY $12,937
2018-12-261.2650SHORT $13,897
2018-12-131.2655BUY $13,993
2018-11-201.2815SHORT $12,298
2018-11-141.2994BUY $14,120
2018-11-091.3037SELL $14,130
2018-11-011.2790BUY $11,686
2018-10-171.3131SELL $11,696
2018-10-051.3041BUY $10,830
2018-09-281.3053SELL $10,840
2018-09-061.2930BUY $9,664
2018-09-041.2854SELL $9,674
2018-08-271.2883BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day
Date 
Price 
Signal 
 
$10K ⇨ 
2019-08-221.2189BUY $31,927
2019-07-231.2437SHORT $29,317
2019-07-111.2519BUY $30,181
2019-06-261.2688SELL $30,191
2019-06-191.2587BUY $29,205
2019-06-131.2672SHORT $28,345
2019-06-071.2734BUY $28,997
2019-05-081.3006SELL $29,007
2019-05-011.3049BUY $29,461
2019-03-211.3170SELL $29,471
2019-03-131.3204BUY $29,837
2019-03-011.3236SELL $29,847
2019-02-181.2921BUY $26,729
2019-02-011.3083SELL $26,739
2019-01-071.2750BUY $23,469
2018-12-261.2650SHORT $24,429
2018-12-131.2655BUY $24,525
2018-11-201.2815SHORT $22,830
2018-11-141.2994BUY $24,652
2018-11-091.3037SELL $24,662
2018-11-011.2790BUY $22,218
2018-10-171.3131SELL $22,228
2018-10-051.3041BUY $21,362
2018-09-281.3053SELL $21,372
2018-09-061.2930BUY $20,196
2018-09-041.2854SELL $20,206
2018-08-271.2883BUY $20,522
2018-07-271.3103SHORT $18,187
2018-07-241.3143BUY $18,613
2018-07-171.3171SHORT $18,318
2018-07-041.3230BUY $18,954
2018-06-271.3203SHORT $19,209
2018-06-211.3198BUY $19,191
2018-06-181.3242SHORT $18,756
2018-05-311.3298BUY $19,372
2018-04-181.4261SELL $19,382
2018-04-031.4056BUY $17,372
2018-03-281.4127SELL $17,382
2018-03-131.3959BUY $15,742
2018-03-081.3830SHORT $17,027
2018-02-231.3965BUY $18,423
2018-02-051.4095SELL $18,433
2018-01-151.3752BUY $15,055
2018-01-101.3505SELL $15,065
2017-12-141.3430BUY $14,379
2017-12-051.3442SELL $14,389
2017-11-101.3172BUY $11,749
2017-11-081.3113SHORT $12,349
2017-11-061.3170BUY $12,943
2017-11-021.3220SELL $12,953
2017-10-311.3230BUY $13,067
2017-10-271.3127SHORT $14,097
2017-10-231.3196BUY $14,815
2017-10-171.3225SHORT $14,515
2017-10-101.3163BUY $13,929
2017-09-251.3465SELL $13,939
2017-08-281.2931BUY $8,665
2017-08-231.2798SHORT $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Hongkongbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Hongkongbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Hongkongbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Hongkongbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.