Looks like cable is fixin' to be done for, right about here! SELL it hard!
took a bit of loss. 100 pound to be exact. that's the nature of trading. you win some, you loose some
I Have closed all my positions on gbpusd and gold. over thousand pound up since 7 in the morning trading only 2 instruments.
If price breaks under key level shown eve ready for a plummet hundred of pips like previous trend shows
As DXY moves lower to our POI, GBPUSD is also moving to our sell zone for wave 5 to complete the daily degree wave a. We are expecting this moves to materialize latest Wednesday New York session.
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Downtrend in red color (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White...
GBPUSD had been setup in a bearish manner GBPUSD has printed out a bearish pennant and has a large bearish momentum GBPUSD has taken Buyside liquidity and has built up momentum to Move GBPUSD has to give up a bearish Candlestick pattern and a FVG
#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the...
GBPUSD faced valid resistance of 1.24526 on 4 hours chart you will see that it's making double double on exact same levels previously and it's a supply zone if seen on daily basis. Further formation of head and shoulder pattern confirm that GBPUSD has entered into bearish mode and short calls can be taken .
Identified an opportunity during London Session. Price was looking to take out an old high Identified the legs of an ABC structure As it did we looked for a creation of structure before the liquidity grab Moved to 15 Min After the Liquidity grab, we looked for price to break past the creation of structure for a market structure shift MSS or CHoCH Moved to 5 Min...
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Uptrend in green color (Long Term) We have 1 Downtrend in red color (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of...
Gbpusd - Daily - Uptrend is over on this pair and the bear hook is nearly complete.. expect a sharp sell off in this pair in the coming weeks and months possibly down to parity as dollar resumes its rally.
FX:GBPUSD I think the high of the week was setup on Monday. Marked the setup on the chart. Good Risk reward.
According to technical and fundamental analyses, GBP will decrease rapidly. Enjoy TP s.
Price make a nice bullish channel pattern and price already touch the resistance line and also touch the resistance line of pattern.
Hello Traders Last week, USD got gains with NFP and unemployment results. Also, sentiment around the USD is still bullish so we believe USD is shining even more in the following weeks. So here is why we are bearish on GBP/USD: 1- RSI and Stochastic are declining (4hr TF). 2- Price made a lower high in lower TFs. 3- Also a small Cup and Handle pattern has been...
Ill be waiting for price to make a quick move down on the lower timeframe for a quick intraday short as price should return to sell off zone of 1.04000
GBPUSD Intraday - We look to Sell at 1.1820 (stop at 1.1900) Buying pressure from 1.1621 resulted in prices rejecting the dip. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. A higher correction is expected....