Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26600 support and resistance area. Trade safe, Joe.
GBPUSD H8 Here is the analysis on GBPUSD, following the signal we posted, closed and fell just short of by 2 pips before flying a solid 210 points. Fuelled by the FED and BOE, both yesterday and today. A rejection from this 1.27200 price down towards 1.26 could be the corrective retest we are looking for. The market bias and direction is now very much evident.
#GBPUSD UPDATE Hello traders community. Hope you all are enjoying your trading journey. Today we are looking into the #GBPUSD. GBPUSD is goint to create a new high as it break the channel with momentum candle and still FOMC had a strong effect on market. So here are more chances that we can see a new high soon. My be market go slowly but if it breaks the...
GBPCAD big support zone coming up. Will be looking for a price reversal! Let me know what you think!
GBP/USD is currently in a bearish trend, supported by two key technical indicators - the breakdown of an uprising channel and a bearish crossover of the 50-period Simple Moving Average (SMA) below the 100-period SMA. Traders should be aware of the potential impact of tonight's FOMC and Thursday's BOE interest rate decisions, which could introduce volatility and...
Confirmed short context on GBP. Planning to consider positions through the overlap of FVG with targets at the levels of equal lows.
GBP/USD Dynamics: Navigating Economic Indicators and Central Bank Uncertainties The GBP/USD pair has found modest support for the second consecutive day, buoyed by a softer USD and a positive risk sentiment in the markets. Despite the initial boost, the pair remains below the overnight swing high, with spot prices holding steady in the 1.2580-1.2585 region at...
#GBPUSD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about GBPUSD. Traders, Anna is looking for #GBPUSD. GBPUSD was falling through a proper channel from so long and it breaks above the resistance line. Also we can see that there may be a possible bullish move...
I believe we've broken out of the 4HR descending retracement and showing clear bullish signals. We have general GBP strength, only thing capping this is DXY looking ok today too, however I think we'll get to the 104.3 ceiling area and am expecting a continuation back down. We have a breakout and currently retesting, so looking for a long. Initial target will be...
Hey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.10500 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10500 support and resistance area. Trade safe, Joe.
GBPJPY bounced from support as I have shared. Now we could see a big pullback coming as GBPJPY already moved with more then 1% today. If I see price getting rejected in this zone I will be looking for short positions! Let me know what you think!
Bullish trend still valid on GBPUSD here, as we sit amongst this 104 handle on the DXY we await a rejection to sail back down to 103 and subsequently 102, 101. Similarly, we see complimentary structure amongst EURUSD too. As mentioned, not expecting anything too exciting today due to market conditions.
The EURGBP pair is on the 6th day of consolidation following the late November sell-off, trading considerably below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). The long-term pattern that has been more established since the February 03 High is a Channel Down and it appears that this is a usual technical consolidation phase before the...
#GBPUSD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about GBPUSD. Traders, Anna is looking for #GBPUSD. GBPUSD is forming a falling wedge pattern which is a symbol of a possible bullish move. Here if it breaks down and then hit the mentioned zone and give any...
Hello traders it looks to me that we might see a bearish reversal of GBPJPY it looks to me that the buyers are getting weak as i showed in the rsi but also the bearish retracements are getting stronger and stronger. if we break bellow that yellow zone the bearish reversal is confirmed !
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a selling opportunity around 0.85900 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85900 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.25800 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25800 support and resistance area. Trade safe, Joe.
GBPJPY remains bearish on the 1D timeframe (RSI = 34.266, MACD = -0.180, ADX = 42.349) despite today's rebound following yesterday's bottom near the S1 level. The key here is that this bottom was made very close to the 1D MA200, which hasn't been crossed since April 6th. The 1D RSI almost got oversold for a moment (near 30.000) yesterday, so all indicators point...