Main trading ideas on financial markets for 15.10.2018

GBPUSD

On the last week, there was International Monetary Fund Meeting. After weekend’s discussions, EURUSD and GBPUSD have started Monday trading session with a bearish gap. The gap in GBPUSD was about 70 points. We will pay a close attention to pairs with the British Pound. At the start of this week, politicians can make important decisions about Brexit. So if GBPUSD breaks 1.33 resistance, we will buy GBPUSD for a long-term with a target at 1.37.

LTCUSD

As the most of coins, Litecoin stuck in tight consolidation on the weekend. And this morning there was a sudden bullish impulse. The coin has bounced from psychological $50 support and then Litecoin broke the neck of “double bottom” reversal pattern. Therefore, we buy LTCUSD pair at current levels with a target at $62 where 23.6% Fibo is.

So our targets for:
GBPUSD – is buying to 1.37 level
LTCUSD – is buying from current levels with Take Profit at $62 level