Guys...... Seems very timely a month from June 23rd, please see attached charts for previous success with this pair in particular. Everything is on the chart for this one, we will be following and updating this closely over the coming weeks/months. Like and comment your thoughts below, TheBanker. www.tradingsignalreviews.com
Gbp/usd looking for sell because of breakout in this pair indicates that we wait for retest trend line and then go for sell around 1.40217...
Due to the monthly chart, I'm assuming this rollercoaster won't end so I'm bearing this to the grave. Clear downtrend, may encounter resistance but I don't think it will bull this high, therefore I'm shorting until target is achieved.
GU have been forming a SHS formation lately and it planning to do the last move, as an AB=CD for the completed SHS formation at 1.405. Great RR trade (though I posted this a bit late). Our pullback went straight to 0.5 fib and prior resistance, as well as lining up our AB=CD move, so looks really bearish
Rarely wrong on cable, as I mentioned yesterday, market in potential Head & Shoulder formation managed to hit the market with first drop so far toward 1.4325 level where market back to advance from intraday uptrend level. GBP/USD Overview: Market still has room to advance to re-test resistance zone 1.4410-40 while as long as market holding below 1.4515 this...
Order is showed on chart. Plan is to catch the price when it falls down, which it probably will do soon due to being oversold (See RSI), as well as the price is currently trading between fibonacci 61.8 and 76.4. The pair has formed a double bottom twice at the support zone, and if you have a look at RSI, then you can see that it has been oversold both times, and...
You all know about this one haha www.tradingsignalreviews.com
Hope you are all enjoying these guys, what a month its been so far !! tradingsignalreviews.com
GBPUSD is currently in excellent pattern position, enabling traders to benefit from Long and Short if the bearish butterfly setup develops. Currently its a SHORT Setup from 1.4485 - enabling to give around 200-250 Pips to the downside. We are favouring some USD strength in coming days.
The ECB meeting has triggered an upside break above the daily trend line. Price will pull back inside the trend line and most likely to the 50% fib level at 1.42514 before breaking becoming exhausted which will present a long entry. Price is likely to advance to the 76.40% fib level before it becomes exhausted and is likely to consolidate pending another...
GBP/USD Hourly 1.4076 Overview : Market managed to fell to test support 1.3845 as we see over the chart, while managed from there to rebound toward target zone 1.3960-1.4000 as we advised before on Tuesday. Britain published construction sector PMI: 54,2 that is lower then the forecasted 55,5. The pound did not receive support from the black gold market...
SUMMARY: The primary trend of GBP/USD is bearish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 50 day SMA and taking resistance of 200 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4405 and support at the level of 1.4175. If it breaks...
in my technical view GBPUSD going to UP, because GBPUSD have 2 Supports. also have Gartley pattren.. with Bullish Channel