GBPJPY H8
We really did call an amazing top, I wonder if anyone is still holding swing shorts on this one? Expecting this YEN rally to continue pulling GBPJPY downside to around 180.00, being a psychological price, we should expect a bounce.
Possible counter trend trade could be taking long from this 180.000 handle, but again, with US CPI. This could be...
Hello guys, since the GBP is dropping big time since that the interest rates of 1.75% was the only way to save the currency from a giant drop.
What does this mean in short term and long term.
Short term: We're going to see alot of market manipulation trying to pull the currency upwards.
Long term: Interest rates does not work on the long term, at a slow pace we...
On 31 March 2020 the pair made a high @ 1.77958
The #GBPCAD being a #commodities driven pair reacted accordingly to the current oil crises. As if that is not enough the COVID-19 situation just adds fuel to the fire. All of the aforementioned contributes nicely to the short trade idea on the #GBPCAD. The latest hospitalization of Prime Minister BJ and him being...
Hi Folks
Please observe the entry, i am bias.
Can go either side.
Wait for the confirmation.
Fundamentals are very heavy in next few days
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GBPUSD is on the top of his wide flat. He make 1 impulse. Make 3 correction movements with 3 update of correction peaks. And it ready to go lower. First target is second wave - 1.3008. Next targer is 1.27. So SHORT it RIGHT NOW!
Hello Traders,
It’s no doubt that the GBP has been on the upper edge for the better part of last year. Well, in my view, it might continue with its trajectory especially if there is an interest rate hike in the future. However, when we take a purely technical view, we expect GBP to lose ground and correct in the coming days.
A top down approach can provide a...
Hello Traders,
If anything, I really think it is the best time to buy some AUD, earn some positive swaps and hold this for a long time. Why? Well, we can take a top down approach and consider some technical formation first from the weekly chart. First, notice that since last year GBP has been charting higher and in this pair, it is a 1000 pips away from recovering...
Place a sell stop for GBPJPY at 151.50 with stop losses at 152.50 and aim for 148.50 in the short term. I'm net bullish JPY and selling GBP given the technical developments in the daily and 4hr charts
There is a Bearish engulfing pattern on 12.10.2017 completing a morning star for GBPNZD.
Trade as follows:
Sell Limit:- 1.848-1.85
Stop Loss: above 1.87
Take Profit: 1.78
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