GBP - Bullish 1️⃣ In June, the UK inflation rate rose to 2.5% from 2.1% in the previous month, and exceeded market expectations of 2.2%. 2️⃣ UK Prime Minister Boris Johnson announced plans to end the COVID-19 restrictions in the UK effective 19 July. 3️⃣UK employment data for May is expected to be positive on the back of strong employment growth in the...
H1 Time Frame Break Up Trend with divergence signal Break Key level Sell Pin Bar signal to next support ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Price broke neckline. Target one: Buy 1.18600 Target two: Buy 1.19000 Don`t forget to look the economic calendar. THANK YOU! GOOD LUCK!
The index failed to make a higher high and has been trending lower all day. The 6980/7025 area has been tested 4 times and bounced aggressively - I doubt this will be the case on the next test. THe more times a level is tested the more likely it is to break/fail. I'm currently holding a short position (to hedge equity), but keeping an eye on the overhead open...
Hey Friend, I hope you feel generous and kind to smash the like and share a comment with me below. much appreciated Analysis on #GBPCHF This is a simple structure setup, I am looking for a reversal pattern near 1.2800 to get in a sell trade targeting the previous support level. Check today analysis below⠀ >>“ Do More of What Is Working and Less of What Doesn't"
GU playing out perfectly for me. leave a comment down below if you have any questions or if you find this helpful in anyway. journaling/learning purposes
Hi guys we have a dynamic support line and moving average 200 below the candles and ichimoku cloud and 50% of retracement FIBO, I'm waiting for a pullback and candle stick formation . all the best for you.
This is a British Pound index I created. I use these to help gage currency strength when looking for a pair to trade. GL Traders! "Don’t blindly follow someone, follow the market and try to hear what it is telling you." - Jaymin Shah
Price is facing bearish pressure as it continues to hold below the descending trendline, moving average and Ichimoku cloud resistances. We could see a reversal at 1st resistance, in line with 61.8% Fibonacci retracement, 78.6% Fibonacci extension, descending trendline resistance and horizontal pullback resistance, and further downside towards 1st support, in line...
Check chart for the commentary
I'm more looking into longs right now. Let's see how price reacts to this level, CPI news are released in about 30min... journaling/learning purposes
GBPNZD broke downtrendline Price is trading in uptrend Above SMA 100 Pair is based above key level at 1.9795 It's expected forming bullish Elliot wave 5 to target resistance level 2.0000
Clear buy for me. GBPUSD 60PIPs or more possible! Entry: 1.38400 SL: 1.38268 TP1: 1.38630 TP2:1.38950 Dont forget to comment what you think! :) Leave a like and a follow if u wanna destroy the market with me!