Title
by Americanbulls.com LLC
Last Update
04/08/2020
GBPSAR
BRITISH POUND STERLING / SAUDI RIYAL
Last Signal: STAY LONG
Last Pattern: BEARISH HARAMI
Last Close:
4.9006
Change:
-0.0021
Percent change
-0.04%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 15/07/2020, 20 days ago, when the currency rate was 4.7158. Since then GBPSAR has risen by +3.92%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the small candlestick is “the baby”. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
15/07/20204.7158BUY $23,975
13/07/20204.7080SELL $23,985
01/07/20204.6587BUY $22,801
25/06/20204.6560SHORT $22,864
23/06/20204.6854BUY $23,688
17/06/20204.7084SELL $23,698
26/05/20204.5882BUY $20,724
21/05/20204.5890SHORT $20,698
19/05/20204.5876BUY $20,701
12/05/20204.6235SHORT $19,728
08/05/20204.6588BUY $20,724
04/05/20204.6842SELL $20,734
23/04/20204.6444BUY $19,797
20/04/20204.6801SELL $19,807
08/04/20204.6458BUY $19,026
03/04/20204.6427SELL $19,036
24/03/20204.3820BUY $12,262
10/03/20204.9020SELL $12,272
04/03/20204.8145BUY $10,039
27/02/20204.8344SHORT $9,498
25/02/20204.8733BUY $10,575
18/02/20204.8749SHORT $10,518
11/02/20204.8517BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$6/day
† Short Swap: +US$7/day
Date 
Price 
Signal 
 
$10K ⇨ 
15/07/20204.7158BUY $38,724
13/07/20204.7080SELL $38,734
01/07/20204.6587BUY $37,550
25/06/20204.6560SHORT $37,613
23/06/20204.6854BUY $38,437
17/06/20204.7084SELL $38,447
26/05/20204.5882BUY $35,473
21/05/20204.5890SHORT $35,447
19/05/20204.5876BUY $35,450
12/05/20204.6235SHORT $34,477
08/05/20204.6588BUY $35,473
04/05/20204.6842SELL $35,483
23/04/20204.6444BUY $34,546
20/04/20204.6801SELL $34,556
08/04/20204.6458BUY $33,775
03/04/20204.6427SELL $33,785
24/03/20204.3820BUY $27,011
10/03/20204.9020SELL $27,021
04/03/20204.8145BUY $24,788
27/02/20204.8344SHORT $24,247
25/02/20204.8733BUY $25,324
18/02/20204.8749SHORT $25,267
11/02/20204.8517BUY $24,739
24/01/20204.9053SELL $24,749
15/01/20204.8907BUY $24,460
02/01/20204.9384SELL $24,470
25/12/20194.8626BUY $22,543
17/12/20194.9889SELL $22,553
27/11/20194.8403BUY $18,853
22/10/20194.8407SELL $18,863
10/10/20194.6038BUY $12,694
08/10/20194.5965SHORT $12,902
03/10/20194.6252BUY $13,735
23/09/20194.6680SELL $13,745
04/09/20194.5487BUY $10,769
29/08/20194.5674SELL $10,779
15/08/20194.5322BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$6/day
† Short Swap: +US$7/day
Date 
Price 
Signal 
 
$10K ⇨ 
15/07/20204.7158BUY $57,116
13/07/20204.7080SELL $57,126
01/07/20204.6587BUY $55,942
25/06/20204.6560SHORT $56,005
23/06/20204.6854BUY $56,829
17/06/20204.7084SELL $56,839
26/05/20204.5882BUY $53,865
21/05/20204.5890SHORT $53,839
19/05/20204.5876BUY $53,842
12/05/20204.6235SHORT $52,869
08/05/20204.6588BUY $53,865
04/05/20204.6842SELL $53,875
23/04/20204.6444BUY $52,938
20/04/20204.6801SELL $52,948
08/04/20204.6458BUY $52,167
03/04/20204.6427SELL $52,177
24/03/20204.3820BUY $45,403
10/03/20204.9020SELL $45,413
04/03/20204.8145BUY $43,180
27/02/20204.8344SHORT $42,639
25/02/20204.8733BUY $43,716
18/02/20204.8749SHORT $43,659
11/02/20204.8517BUY $43,131
24/01/20204.9053SELL $43,141
15/01/20204.8907BUY $42,852
02/01/20204.9384SELL $42,862
25/12/20194.8626BUY $40,935
17/12/20194.9889SELL $40,945
27/11/20194.8403BUY $37,245
22/10/20194.8407SELL $37,255
10/10/20194.6038BUY $31,086
08/10/20194.5965SHORT $31,294
03/10/20194.6252BUY $32,127
23/09/20194.6680SELL $32,137
04/09/20194.5487BUY $29,161
29/08/20194.5674SELL $29,171
15/08/20194.5322BUY $28,382
16/07/20194.6852SHORT $24,173
11/07/20194.6954BUY $24,514
13/06/20194.7524SHORT $22,875
04/06/20194.7610BUY $23,215
07/05/20194.9028SELL $23,225
30/04/20194.8598BUY $22,159
16/04/20194.8933SHORT $21,211
10/04/20194.9073BUY $21,665
20/03/20194.9618SELL $21,675
13/03/20194.9407BUY $21,194
01/03/20194.9635SELL $21,204
18/02/20194.8455BUY $18,186
29/01/20194.9150SELL $18,196
09/01/20194.7965BUY $15,256
26/12/20184.7497SHORT $16,454
13/12/20184.7420BUY $16,400
20/11/20184.8106SHORT $14,475
14/11/20184.8725BUY $16,201
09/11/20184.8940SELL $16,211
01/11/20184.7931BUY $13,627
12/10/20184.9497SELL $13,637
05/10/20184.8872BUY $12,057
28/09/20184.8986SELL $12,067
05/09/20184.8303BUY $10,491
03/09/20184.8513SELL $10,501
27/08/20184.8290BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$6/day
† Short Swap: +US$7/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.

Middleeastbulls.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, Middleeastbulls.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 Middleeastbulls.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 Middleeastbulls.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.