Hello There! Welcome to my newest idea about GBPJPY from several timeframe perspectives. Within recent times the volume demand within the pair has increased massively, especially as the GBP pair part keeps on being bullish despite an increased high interest rate structure. The trend did not reverse meaning there is a strong bullish edge that is determined by the...
The bearish trend is still valid and we can see other targets for bearish move this week. Is the SSL will be broke to upside the analysis is invalid and we can see a retracement or reversal in GBPUSD
FX:EURUSD In 4H TF, already taken BSL inside 1D FVG, if price comes to 4H FVG I will look for short.
Considering my bullish bias on the DXY, and the currently bearish price action on GBPUSD, I am anticipating price continuing lower with a short-term objective of a Weekly Wick's Consequent Encroachment. Price bottomed off a Weekly Bisi to the tee, and closed above a NWOG at big figure 1.2200, leaving a Weekly Sibi in it's wake. There are 2 areas I am currently...
Like i mentioned on USD, USD still on the uptrend unless things changed. Still bias is on shorting this Gbpusd! **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you...
EURGBP hit this week the 1day MA200 and fot rejected but not too low. As long as it holds the Resistance ground, feel free to sell and target the 1day MA50 and Rising Support at 0.86100. If it crosses over the 1day MA200, buy and target Resistance A at 0.88750. Notice: An RSI cross under its Rising Support may indicate a shift to a more bearish momentum. ...
This is what makes the most sense to me heading in to October... Monthly wicks respected although the monthly candle actually closed in it's lower 3rd I'm bullish on all TF's 181.60 is a valid MP, OB, TL/Retest, FVG and last weeks opening price... IF we pull back this far we will also be hitting the 0.7 fib level and I fully expect this level to...
GBPAUD turned briefly oversold on the 1D technical timeframe (RSI = 30.322, MACD = -0.013, ADX = 62.269) while pricing a LLL at the bottom of the Channel Down and the S1 level. The latter in particular can attract considerable buying power to push it for a 1D MA50 and R1 Zone test. This will determine the trend onwards but on the short term following 6 weeks of...
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.22700 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.22700 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.86300 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86300 support and resistance area. Trade safe, Joe.
Buy GBPUSD Channel Breakout Price breaks the channel pattern in M30 Chart, its good chance to buy now. Thank you.
The GBPNZD pair is on a massive 6-week sell-off that has broken below June's and July's Low. The 1W RSI turned bearish below 45.00 and the next line of Support is the 1D MA50 (blue trend-line). In the past 5 years, every sharp sell-off on GBPNZD has been at least -9%. A potential new such decline gives us a target estimate just below Support 1 (1.97550). That is...
GBPUSD has almost touched the Fibonacci 0.382 level from the bottom 1 year ago, trading under both the MA50 and MA200 (1d). The RSI (1d) is rebounding today aggressively being still inside very rare oversold levels, which visited last time during September 26th 2022. This justifies a long term buy but if the 0.382 breaks, the next (and strongest) Support Zone is...
GBPCHF - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell GBPCHF Entry Level - 1.1177 Sl - 1.1200 Tp - 1.1131 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPCHF / 1D Hello traders, welcome back to another market breakdown. GBPCHF has been trading inside a trading range. However, the bulls started having good signal bars that can lead to a breakout above this consolidation I'll be watching to get in before the breakout happen. Trade safely, Trader Leo.
EURGBP leaves important bearish clues after a test of a solid daily horizontal resistance: I see a double top and a rising parallel channel patterns. The price violated both the horizontal neckline and a trend line and closed below them two. I anticipate a further bearish continuation to 0.8635 / 0.8619 ❤️Please, support my work with like, thank you!❤️
Observing GBPCHF's current price action, there's a discernible pattern hinting at a potential ascent towards a new higher high. The outcome beyond this juncture remains intriguing – the currency pair could opt for a sustained upward trajectory, leveraging the momentum, or opt for a temporary consolidation, strategically recalibrating before charting its subsequent...
GBPUSD is trading inside a Channel Down on the 4hour chart. The 4hour RSI is heavily oversold under 20.00 and the 4hour MACD is close to form a Buy Cross. Every MACD Buy Cross in the past 30 days has delivered a minor rise. Buy when this Cross is formed and target 1.2220 (under the 4hour MA50). Follow us, like the idea and leave a comment below!!