hello friends as i can see technically GBP is failed to break a strong resistance level and continuing drop from that level i am expected that it will drop more till these given levels kindly friends share ur thoughts in this pair via comment section stay tuned for more updates
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
there you guys. heres the end result of todays trading. 4 win 0 loss. had 4 positions. made some really good pips
I lose many times with this paid currency. Hope this time will change with the new strategy. Let see what happen next month 🧐
Before anything else, I would like to make it clear that I would first like to see a pattern completion/confirmation of either the Double Top or the Head & Shoulders before entering short trades. At the moment, price has reached former resistance area and this can be treated either as the 2nd top or the Right Shoulder. Minimum targets of each, wherever you like...
Last week this pair finished the week with a major move upward that saw it go up to the levels of 1.544 but failed to break the EMA 200 so the overall outlook still bearish. If it breaks that EMA then the bullish trend will have been confirmed and next level would be 1.6 level target. However, the pair's 200 and 50 EMAs on the downside have converged at the...