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asarefredua asarefredua GBPUSD, D, Short ,
GBPUSD: Cable To Show Downtrend Momentum & Break Resistance
85 0 2
Cable To Show Downtrend Momentum & Break Resistance

Currently, the GBP/USD (Cable) has found a strong resistance level at the 50% level on the Fibonacci Retrancement. As well as this, a descending triangle has formulated, characterised by lower highs and lower lows over the past few days. The reason I believe this pair will breakout of the 50% Fibonacci level is because the 30 day moving average is looking to cross ...

chris_naykene chris_naykene GBPUSD, 240, Short ,
51 0 2
GBPUSD, 240 Short

The ascending trendline has been broken and retested, i could have waited for the current candle to close but the previous high wave candle was very bearish in my opinion. Weak retail news from the UK and positive US news were also taken into account. Let's see how it plays out.

HelenRush HelenRush USDGBP, D,
USDGBP: GBP Is Galloping Along…Towards The South
9 0 2
GBP Is Galloping Along…Towards The South

Despite quite hawkish commentaries by Mark Carney, GBP/USD started falling. What's wrong with the pound? The UK CPI index matched estimates at 3.0% yoy and 0.3% mom. Core inflation index, excluding food and energy, came in at 2.7% yoy. This data has not impressed the markets. However, GBP/USD made a good move touching today’s highs at 1.3280, but later retreated ...

HelenRush HelenRush USDGBP, D,
USDGBP: Pound Is Bound For Rise
9 0 0
Pound Is Bound For Rise

We knew it from the moment the MPC uttered: “…some withdrawal of monetary stimulus is likely to be appropriate over the coming months” - the pound was bound to rise. Cable managed to jump to 1.3616 hitting fresh 14-month high on the comments of the BOE member. Gertjan Willem Vlieghe commented that bank rates will have to rise soon and may need more than one ...

37 0 2
GBPUSD, 60 Long

Fundamentals:- Data coming from the UK has been improving consistently since the Brexit vote. This of course does not mean all is rosie, however what it does mean is that the BoE are going to be under pressure to eventually raise interest rates if CPI keeps ticking up. We know that wage growth is a concern for the central bank so we too will keep an eye on this ...

vj20_fx vj20_fx GBPUSD, 240, Long ,
GBPUSD: Indecisive on Major Resistance
58 0 3
GBPUSD, 240 Long
Indecisive on Major Resistance

Cable has been in an uptrend which I called from the consolidation highlighted from 07/03 - 13/03. I believe this strong bearish movement is not a retracement but a reversal of trend. Price may now make a lower high at possibly 1.25400 to form a strong downtrend. I may enter this position after the close of the 4 hour candlestick.

DeeukDee DeeukDee GBPUSD, 240, Long ,
GBPUSD: Gbp Usd Idea
51 0 2
GBPUSD, 240 Long
Gbp Usd Idea

gbp usd long idea

ScottRyder ScottRyder GBPUSD, 60, Long ,
GBPUSD: GBPUSD Long Stop Entry Order
47 0 1
GBPUSD, 60 Long
GBPUSD Long Stop Entry Order

With strong results in the UK and the US the pound has continued to fall against the dollar as people are more concerned over the Brexit rather than Trump, I believe we are coming out of a downward trend and we will see the GBP break resistance and continue up to either the 0.5 fib or 61.8 fib from the trend at the beginning of the month. I believe 1.243 is a good ...

ScottRyder ScottRyder GBPUSD, 60, Short ,
GBPUSD: GBPUSD Short 1 Hour Chart
40 0 3
GBPUSD, 60 Short
GBPUSD Short 1 Hour Chart

GBPUSD Testing the 0.5 fib overbought on the RSI which it has been respecting at 70.0, Recent dollar weakness now gaining back strength so i think we will see a continuation of its downward trend. Entry 1.251 SL 1.2554 TP 1.243

karimfx1 karimfx1 GBPUSD, D, Long ,
37 0 1

Here i have gu. prices seem to be respecting that line on daily timeframe. i am looking for a possible long if i see that line is still being respected. if we see a break of that line i could possibly look for a short entry. i really want you guys to comment what you think and help me out on what i should do and dont. thanks!!

LondonBoyFX LondonBoyFX GBPUSD, 240, Long ,
177 0 2
GBPUSD, 240 Long

Here we have a long opportunity on 4HR time frame. The market has seemed to come to an end of downwards momentium. If you switch on to the daily time frame you will also see Spinning Tops starting to form.

JamalWhyte JamalWhyte GBPUSD, 60, Short ,
GBPUSD: Gbp/Usd: 16th September 2016
80 0 1
GBPUSD, 60 Short
Gbp/Usd: 16th September 2016

Earlier this chart was posted regarding a bearish setup, resistance was set around "1.3250" This trade was taken due to the break out on higher time frames and a pin bar (1H) Entry: 1.3239 Take Profit: 1.3100

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