Looking at the GBPUSD, with employment numbers not very strong and GDP tomorrow expected to be in the negative territory Resumption of strength on the DX could drive the GBPUSD lower toward the support level of 1.2390
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Buy GBPUSD Channel Breakout Buy Gbp/Usd @ 1.2497 Tp - 1.2580 & 1.2630 Sl - 1.2450 Price breaks the Channel now, its good chance to buy Thank you
GU we have a nice counter and a trend setup here with this pair, as a whole we need to look towards our open to tell us if we can trade these moves, short term bullish, long term bearish but of course as mentioned in our earlier mark up we aren't really that clear with our corresponding pairs for example USD is looking like we might be bullish within some pairs...
GN super simple and easy make up here, we are looking for the SWL to be taken out from our open moves, i think we will see this low taken within our Monday session now if we don't take this out it wouldn't be a surprised to run our highs above, now i say this because of the size of the range and the lower level of momentum, but still we have a clear lower range...
Hey Traders, in tomorrow’s trading session we are monitoring GBPUSD for a selling opportunity around 1.26400 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26400 support and resistance zone. Trade safe, Joe.
Hello traders , it looks to me gbpaud may start a strong bearish move. here are our bearish clues : - the price touched a bearish trendline and formed a double top pattern - RSI divergence the indicator shows lower highs and lower lows which indicates that the sellers are getting weaker Trade Confirmation : Breakout of the local bullish trendline and the...
Rejections on daily chart and watch for any breakout to bring this pair lower. **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 would like to show further...
Last week, the asset saw a downward movement, although it didn’t reach our entry before the movement. Throughout, we held onto the hope that the price would reach our entry point for an upward move, which it eventually did. Our analysis relies on retracements within crucial support and resistance zones. The chart indicates our outlook for the upcoming week with an...
In the ever-fluctuating world of forex trading, the GBP/USD currency pair has always been a focus of attention for traders and investors alike. As we delve into the coming week this is how I hope GBP/USD will move.
Hey Traders, in today’s trading session we are monitoring EURGBP for a buying opportunity around 0.85400 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85400 support and resistance area. Trade safe, Joe.
BIG PICTURE TREND IS NEUTRAL (aggressive risk) SLO2 @ 2.0233 ⏳ SLO1 @ 1.9850 📉 TP1 @ 1.9115 TP2 @ 1.8495 TP3 @ 1.8040 TP4 @ 1.7335 BLO1 @ 1.7165 ⏳ BLO2 @ 1.6755 ⏳ Based on the 1W chart for GBPAUD, the pair is currently trading in a symmetrical triangle pattern. This pattern is considered to be a neutral pattern, meaning that it could break out to the upside...
GBPJPY up 720 PIPS in profit so far from our POI. Price action still playing out as expected & we can see that bullish momentum is slowly dying down. This indicates that price will most likely top out around our $190 zone as we predicted. This'll be followed by a HUGE BEAR MARKET🩸
Hey there traders, Daily Market rejected this key level for previous 2 days in a row. Now we expect upside movement depends on daily timeframe analysis. Hourly market has rejected the support zone most of the time we will enter the market if market shows us the confirmation Disclaimer : we will avoid trade if market break the support zone to ...
The GBPJPY pair is trading within a Triangle pattern, similar to July's. The price is currently approaching the 4H MA200 (orange trend-line), which is untouched since August 08. As long as the pair closes below the 0.382 Fibonacci level, we are selling the bearish break-out and target 181.600 (Fibonacci 1.5). Notice how the 4H MACD sequences between the two...
British Pound supported at $1.25? The US dollar index is poised to reach a new multi-month peak. Contributing to DXY’s rise the most is the GBP/USD, with the pound losing 0.45% against the USD due to recent comments from the Bank of England’s governor. On Wednesday, Governor Andrew Bailey spoke in front the Treasury select committee, saying " I think we are...
GBPAUD - 24h expiry There is no clear indication that the downward move is coming to an end. We expect a reversal in this move. A move through 1.9600 will confirm the bearish momentum. Short term RSI has turned negative. The measured move target is 1.9400. We look to Sell a break of 1.9600 (stop at 1.9750) Our profit targets will be 1.9480 and 1.9450...