The GBPUSD pair hit on Friday the top (Higher Highs trend-line) of the Channel Up pattern that started on the March 08 Low. At the same time it got rejected on the 1.3150 Resistance, which was the April 14 2022 High, while the 1D RSI got extremely overbought at 78.50. This calls for a short-term correction back to the 1D MA50 (blue trend-line) and the Channel's...
EURGBP formed an inverted h&s pattern on 12H time frame. Its neckline was broken. The pair will most likely go higher now. Next goal - falling trend line. ❤️Please, support my work with like, thank you!❤️
In today's trading session, we are closely observing the GBPUSD pair for a potential buying opportunity around the 1.3100 zone. A bull flag pattern has formed on the GBPUSD chart, indicating a temporary consolidation before a potential continuation of the upward trend. Once the breakout of the bull flag is confirmed, we will be attentive to any potential...
Hello Traders EUR/GBP has finalized its long correction phase. So we expect some sharp moves in EUR/GBP in the next few days. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational...
Hey Traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.92400 zone, GBPAUD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.92400 support and resistance zone. Trade safe, Joe.
GBPJPY is falling after a test of a key horizontal resistance. The price formed a double top pattern with a lower high and successfully violated its horizontal neckline. I expect a bearish movement to 180.53 / 179.88 ❤️Please, support my work with like, thank you!❤️
EURUSD as discussed in our other pairs this week we have seen a bearish shift down, now with this pair we did not trade the last sell range but we are looking for a break down to provide us with the confirm of bearish price action iam looking for the low to be targeted to lead us into said bias. Remember to always read order flow and follow what price is showing...
GBPUSD we have a weak bullish range here which makes sense as all fo our over pairs linked to this have shifted bearish on Friday, BUT as always GU is doing its own thing until its ready to run a high or low. Still looking for a bearish break overall but until we shift either out higher or lower in this pair. Remember to always read order flow and follow what...
With no true BOS up on this pair we are still looking to track this lower out of our sell range we have here on UJ, as always whatever price delivery is giving us we will follow... for now we are only within our sell range so we can expect this to stay in line with that narrative. Remember to always read order flow and follow what price is showing you instead of...
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.13500 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 1.13500 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a buying opportunity around 0.85600 zone, EURGBP is trading in an up trend and currently is in a correction phase in which it is approaching the trend at 0.85600 support and resistance zone. Trade safe, Joe.
Should be getting a lift up again...Watch it. **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 support for me, you can gift me some...
Hi viewers, GBPNZD price currently on zone, in last days we are can see bearsh push, currnetly here for new week bearish continaution for expect TP1: 2.04500 (100) TP2: 2.03800 (170) TP3: 2.03100 (2400)
Hey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 180.900 zone, GBPJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 180.900 support and resistance area. Trade safe, Joe.
As I already mentioned, I expect a bullish movement on Dollar Index next week. That will inevitably affect all Dollar - related instruments. GBPUSD is one of the most overbought pairs. Next week it will drop - sell. Please, support this signal with like!
GBPNZD is trading inside a Channel Up since the February 3rd Low. The last Higher Low was priced under the 1day MA50. Our current buy zone is between the 1day MA50 and Support A. Buy as long as this holds and target 2.091500 (Resistance A). A closing under the Channel Up and more specifically the 1day MA200, is a sell signal, so in that case take the buy's loss...
Hey Traders, in the coming week we are monitoring GBPNZD for a buying opportunity around 2.04300 zone, GBPNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2.04300 support and resistance zone. Trade safe, Joe.
GBPJPY - Intraday Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. Short term bias has turned negative. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. We have a 61.8% Fibonacci pullback level of 182.27 from 184.01 to...