GBPUSD Pound can't stand on 1.3300 in Asia / Euro mkt, so it gave market the hint about pressure exist. Even though, Euro getting stronger with DXY pullback but it still can't present positive energy to GBPUSD. In this situation, we may consider to short pound for downward again in US market. Better try short at 1.3275 / SL 1.3300 / TP 1.3234 and...
GBPUSD with Trend lines,GANN and Elliott Analysis H4
Dear followers and students, I want to tell you with humility GBPUSD is in Sell mode with Entry 1.13500 for TP 1.13095. Patience at the Key Level to Sell 1.13500 Pin Bar Rejection Effect at the same level Strong Sellers in loading during next week. Enjoy1 Babacar J.
We can see price turning and making a bearish run once it enters our zone, we can also see price breaking our trendline so price should drop quiet a lot. There was quiet a bit of strength surrounding GBP last week and we can see that calming down a little this week. Brexit is just a money making conn anyway, do you really think the people of the UK have a say if...
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 days Actions on - A – Activating Event Market will meet resistance in zone @1.331 - .... and fall to the @1.30. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.30 FX:GBPUSD...
See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Looking to Sell GBPUSD around the 1.30000-1.30400, wait for reversal candles in that zone. First Target: 1.28500 (+150pips) Second Target: 1.27300-1.27100 (270-290pips)
Looking to Sell GBPUSD around the 1.30000-1.30400, wait for reversal candles in that zone. First Target: 1.28500 (+150pips) Second Target: 1.27300-1.27100 (270-290pips)
Looking to sell GBPUSD from sell zone targeting 1.30600 (target 1 area). Looking to Buy GBPUSD from Buy zone targeting Target 1 & Target 2.
GBPUSD with Trend lines,GANN and Elliott Analysis H1
On the 4H chart we can see that 1.32000 region has acted as a nice resistance/support zone in the past. Taking in consideration the Brexit vote in 50 Minutes, I am speculating that this pair will take another dive to the downside. This is very little to do with the actual technical analysis, but the 1.32000 region could play a big role in this one... Lets gamble a...
GBPUSD bearish divergence. Brexit failed again. Bad fundamental news for GBP. Expecting GBP to plummet.
Playing the spike. This might proceed as shown. Previous setup below:
GBPUSD Trend lines, GANN, Elliott Analysis H4
GBPUSD with Trend lines,GANN and Elliott Analysis H4
As we always see and almost every time happened, BREXIT impact and GBP/USD trades near 1.2970 during the early Asian session on Monday. Im consider to open a sell position after confirmation.