Hi folks today I'm prepared for you British Pound analytics. If we look at the chart we can see, how the price rebounded from the resistance zone, which coincided with the 1.2715 resistance level and declined lower, but soon it turned around and in a short time rose back to this zone. Some time later GBP started to decline from this zone again and fell to below...
We can see here a huge inverted HS and a double bottom (blue arrows) forming. I thinks all of this is going to push up very hard and break out the resistance from 08/2021. I'll wait for a pull back to buy, right now is too close to the resistance. Every time it pulls back to the trendline I'll add.
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to flat, where it first broke resistance level, which coincided with resistance area. Then GBP declined to support level and at once bounced up to resistance area, after which in a short time fell back. Price rose to resistance...
GBPUSD at 4h time frame we have FVG area i think it will rise to FVG area and after FVG taken price instantly will drop to 1.25800-1.25200
Hello traders, I want share with you my opinion about British pound. Looking at the chart, we can see how the price recently started to decline in a downward channel, where it soon fell to the support line and at once bounced up to the resistance line of the channel. Then GBP turned around and declined to the 0.8570 resistance level, which coincided with the...
As We Talked in The Previous Analysis: The GBPCAD Reached a Strong Resistance Level. The Price Formed an Expanding Triangle Pattern. Currently, The Higher Low is Broken. So, I Predict a Bearish Move📉. TARGET: 1.69320🎯
As We Talked in The Previous Analysis: The GBPCAD Price Formed an Expanding Triangle Pattern. The Higher Low is Broken. Currently: The Price Pull Back to Important Structure and Formed a Head and Shoulders Pattern. TARGET: 1.69320🎯
FX:GBPJPY I have determined the harmonic pattern target on the chart; I wish you success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Hello Traders ! Yesterday, The GBPUSD Reached a Strong Resistance Level. The Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! So, I Predict a Bearish Move📉 ------------- TARGET: 1.25500🎯
🏃♂️ GBPCAD is moving near 🟡 Potential Reversal Zone(PRZ) 🟡and 200_SMA(Daily) . 🌊Regarding Elliott Wave theory , GBPCAD is completing the Expanding Flat(ABC/3-3-5) corrective structure. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect GBPCAD to rise to at least the 🔴 Resistance zone(1.715 CAD-1.700 CAD) 🔴 after...
Hi folks today I'm prepared for you British Pound analytics. Some time ago price traded near the resistance zone, which coincided with resistance 1, but later it fell to this level, reached the trend line, and at once rebounded and made a strong impulse up to resistance 2. In a short time price broke this level, which coincided with one more resistance zone and...
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price some days ago rebounded from the support line of the triangle and made a strong upward impulse to the resistance line, thereby breaking the 1.2610 support level, which coincided with the buyer zone. After this, the price bounced from the resistance...
Hello Traders ! On The Daily Time Frame, The GBPJPY Reached a Strong Resistance Level (188.816 - 188.301). The Price Formed Triple TOP Pattern. Let's Expect The Bearish Scenario: If The Market Breaks The Higher Low (1.70595 - 1.70440) and Closes Below That, We Will See a Bearish Move... TARGET: 184.900🎯
As We Talked in The Previous Analysis: On The Daily Time Frame, The GBPJPY Reached a Strong Resistance Level (188.816 - 188.301). The Price Formed Triple TOP Pattern. Currently, The Neckline is Broken So, I Expect a Bearish Move. TARGET: 184.900🎯
Hello Traders ! On The Daily Time Frame, The GBPCAD Reached a Strong Resistance Level. The Price Formed an Expanding Triangle Pattern. Let's Expect The Bearish Scenario: If The Market Breaks The Higher Low (1.70595 - 1.70440) and Closes Below That, We Will See a Bearish Move... TARGET: 1.69320🎯
The GBPJPY pair delivered the best sell signal possible on our last bearish call (November 30 2023, see chart below) as it got rejected exactly on the Higher Highs trend-line back to the Support of the Ascending Triangle: Today's analysis is on the 1D time-frame where you can see that the price then rebounded exactly on the 1D MA200 (orange trend-line) and...
The GBPCAD pair delivered a solid buy trade last time we analyzed it (October 05 2023, see chart below), easily hitting the 1.71110 Target, on a structure rise: The price is now signaling a bearish call as it has been rejected on the Lower Highs trend-line that started on the July 17 2023 High. This is technically a Quadruple Top if it stays that way and...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where in a short time it fell to support level, which coincided with support area. After this, GBP made strong upward impulse to resistance area, thereby exiting from flat and later it turned around. Price started to decline...