GBP has been bearish last week, and if it continue with bearish momentum then it'll most likely hit the minor support 1.37 or major at 1.36. But however this bearish movement could be the last one and after that we can expect bullish movement. But I'll still be careful with short position coz price can reverse any moment also the rsi and Macd is showing alot of...
The British Pound started to lose value against the Euro, just as we predicted. Today, the course left the trading zone and we expect further increases to occur soon. In total, the movement should stretch out all the way above GBP 0.89292 per Euro. Let’s wait and see!
GBP/USD is holding around 1.3815-20, but might test 1.3750, reacting to the tone of the ECB statement. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment...
Welcome back Traders, Investors, and Community! Hi Traders, GBPUSD on H4 is on a strong bearish move. After breaking below the Support it’s moving down to 1.366 ⬇️Sell now or Sell at 1.3795 ⭕️SL @ 1.385 ✅TP1 @ 1.366 ✅TP2 @ 1.3565 ✅TP3 @ 1.3425 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Gbp Chf Sell: - Strong Resistance - Break of consolidation - Fibonacci Confluence
Trading Signal: There is a Trading Signal to Sell in GBPUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell now or Sell on 1.3795 ⭕️SL @ 1.385 🔵TP1 @ 1.366 🔵TP2 @ 1.3565 🔵TP3 @ 1.3425 previous signals: If you liked our ideas, please support us with your likes 👍 and comments.-
EURGBP tested the 0.786 before starting an impulse to the daily resistance area in blue. According to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
GBPJPY on the 4h chart is moving in a descending channel. The price after the recent low at 151 level retraced exactly at the 0.618 Fibonacci level and currently is testing the weekly support. According to Plancton's strategy if the market will break and close below we can set a nice short order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
Continues to look poorly following my analysis a month ago (I sold all my holdings then). It is currently sitting on support and needs to bounce here otherwise I fear it will go a lot lower. (my hope so I can buy back in)
Last week we expected a downfall It's now completed and the direction remains the same. However price is near a daily support which could reverse the market! That's why be careful when entering new short positions and make sure to move stops on your previous ones. We expect price reaching 1,3670 and maybe even lower, however we do not recommend entering short...
GBPJPY is facing bullish pressure and is holding above horizontal swing low support, in line with 161.8% Fibonacci retracement and 100% Fibonacci extension. We expect prices to increase to horizontal overlap resistance, in line with 161.8% Fibonacci extension. Alternatively, if prices break below horizontal swing low support, it may face support at Fibonacci...
GBPUSD is facing bullish pressure and is likely to hold above horizontal swing low support, in line with -61.8% Fibonacci retracement and 127.2% Fibonacci extension. We expect prices to increase to horizontal swing high resistance, in line with 161.8% Fibonacci extension and 127.2% Fibonacci retracement. Alternatively, if prices break below horizontal swing low...
The 7025/6080 support area failed as expected following 4 previous bounces and a subsequent bear flag. We are now approaching new lateral support as the RSI heads into oversold territory. I will look to start averaging back into my ISA and SIPP accounts hoping for a bounce. When zoomed out the longer term picture is looking slightly more worrying - we may be...
AUD, NZD & CAD: It’s important to keep in mind that since the RBNZ meeting took place on Tuesday, we won’t see a lot of the upside in the currency we had this past week reflected in the CFTC data as yet. After the hawkish tilt by the bank as well as the solid beat in Q2 CPI data, expectations for hikes this year have risen substantially, and barring any major...
Technical: - Ascending channel - Following the 4H EMA - Looking for rejection previous resistance and the support line of the channel for bullish confirmation Will wait for bullish confluence among indicators (currently not in our favor) before entry, to further increase trade probability. Fundamentals: - The UK unlocking on Monday 19th could see a boost in the...
Easy clean set up. Bearish on high TFs scaling down towards lower TFs to find more entries, I feel the trend is still bearish and will continue short until the third touch of the trend line. I'm waiting for the retracement to see how price reacts around that zone.
This is one of the most controversial pairs in the market in terms of the BTMM. I am saying this because it never even moved a level for us to get a reversal entry. if look from Monday, it has been resetting since then. We are only looking at getting a return move to the last week's low for us to go long
It's just my opinion about this pair. Please share your thoughts with me.