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78 0 1

The British pound trades to the downside against the US Dollar in early Tuesday, as bearish technicals and a possible Brexit no-deal, continue to hurt the British pound sentiment. The GBPUSD pair is strongly bearish while trading below the 1.2955 level, as it represents a large head and shoulders pattern neckline. Buyers will attempt to push price above the ...

21 0 0

The British pound continues to trade towards the 1.3100 level against the US Dollar, after being sold aggressively from the 1.3170 region on Tuesday. The GBPUSD pair looks to be forming a bearish head and shoulder pattern, with a downside projection of around one-hundred and thirty pips. Sellers will target the head and shoulders neckline around the 1.3070 level, ...

jasperlawler jasperlawler GBPUSD, 240, Long ,
89 0 1
GBPUSD, 240 Long
GBPUSD bottoming (US trade deal matters less than soft Brexit)

The British pound remains in a downtrend for now- but appears to be transitioning to a sideways range from 1.305 to 1.335 Fundamentally what Trump says about a US trade deal (GBP negative) matters less than improved chance of a soft Brexit from new UK gov whitepaper (GBP positive) Scenario A) Downtrend pauses -- Price rebounds from 1.305-1.31 support zone to ...

28 0 0

The British pound continues to trade towards the key 1.3300 resistance level against the US dollar, after another bullish weekly price-close. The British pound is also receiving a boost from UK Prime Minister Theresa May’s plans for a soft Brexit deal were revealed over the weekend. GBPUSD bulls will now need to hold price above the 1.3300 level for further upside ...

179 0 1

With similarities to Aussie on the weekly time-frame we saw price form a bullish retracement to retest the downtrend at the back-end of last week. This was off the back of positive fundamentals and price seems to have formed it's lower high, rejecting the trend which is also in line with the refined Fibonacci region. Price has already broken the simple moving ...

98 0 1
Possible GBPUSD idea

Start of the pound recovery? Possible idea if 134.000 breaks

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GBP/NZD may move to the upside on the 4hr , possible entries on fib retracement 6.18 with entry at 1.9315 https://www.tradingview.com/x/gJp7UuW2/

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GBP/NZD short idea for the upcoming week

Hello This pair could make a move to the downside after breaking this zone i will look for entries on the smaller timeframes. https://www.tradingview.com/x/1piapd9u/

Claty123 Claty123 GBPUSD, 1D, Long ,
93 1 1
Simple GBPUSD long set up

RSI oversold, trendline rejection with a nice doji forming on the daily. NFP could cause this pair to fly up, or stay stagnant, bearish NFP will make me take this trade Long

47 0 1
EURGBP Fake Breakout

EURGBP broke down through the consolidation support level only to return back to consolidation again. This forex pair has been in consolidation for some time now and rarely trends, but when it does trend there is usually a lot of profit for the taking. At the moment, price is above the Weekly 200 simple moving average and below the Daily 200 simple moving average ...

Roker1 Roker1 GBPNZD, 60, Long ,
93 0 0
GBPNZD, 60 Long
Trade with the daily trend

Hi guys, as you may know from my previous analysis on this pair, i've been looking at it for several days, as soon as we broke the level represented with a yellow box, that is our previous daily resistance. Once it's been broken, my bias has turned into bullish because i know that a break of structure to the upside can mean a trend continuation opportunity. I ...

376 14 5
GBPUSD setting up for buy?

I see this pair to be creating the elliott wave structure upwards. It appears to be making the fourth wave, and I have drawn the fourth wave down to the lowest possible point it could correct to. If price action passes the fourth wave marker then this count is incorrect. I also noticed that the Fibonacci retracement marks the 61.8% very close to where I drew the ...

Roker1 Roker1 GBPCHF, 60, Short ,
262 0 3
GBPCHF, 60 Short
Short Trading on GBPCHF

Hi guys, i've looking at this pair since we've reached the yellow zone highlighted on the left hand side of your screen. And i'm now getting involved because of the false breakout that you see on the right hand side of your screen. But let me be clear: first, we are at a major structure level on the daily timeframe, second, we've reached overbought condition on ...

EamesAnalysis EamesAnalysis GBPCHF, 60, Short ,
94 0 2
GBPCHF, 60 Short
GBPCHF flat forming?

GBPCHF could be forming a flat corrective pattern. It has made the (3-3)-5 structure so far and has made the first wave of the 5 wave structure. If the 5 waves are made it would confirm the flat. The fist wave has been coupled with a correction which I expect to terminate at the 61.8% retracement. Following a break of this short term trendline it would confirm ...

EamesAnalysis EamesAnalysis GBPNZD, 60, Long ,
103 0 3
GBPNZD, 60 Long
GBPNZD continuation pattern?

I see GBPNZD to have made the 5 wave elliott structure. It appears to be making an ABCDE flag pattern (correct me if I am wrong or you see different). I am not fully convinced that the E wave has finished and it may continue down for a short period of time to create a 'throw-over' before resuming the upwards trend. I would wait for consolidation just below/just ...

11 0 0

Trading level to level until I see a clear picture on the daily

tradingviews tradingviews GBPUSD, 480, Long ,
25 0 0
GBPUSD, 480 Long
GBPUSD to 1.5000 from HARV @tradincfx

From previous significant HL the fib shows a consistent bounce along the 50% mark. This is confluent with falling wedge support. Couple that with the fact that we have now broken the wedge and the Kumo Cloud too, I now see trend continuation. Stops have been placed below previous HL (Within the wedge) respectively. The Target is confluent with the -61.8% fib ...

Roker1 Roker1 GBPCAD, 240, Short ,
490 10 10
GBPCAD, 240 Short
Short with a double top on GBPCAD

Hey guys, i've been looking at this pair from last week and this could be the right moment to enter the market, according to my trading strategy. We're testing a very strong resistance and we've seen price slowing down approaching that level. And now you can see a triple top that's forming on the 4hr chart. I'm entering now with stops and targets as shown. Be ...

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