A zigzag pattern was identified on the chart which signifies a corrective wave, impulse move is expected to follow immediately. Thanks for liking and following the anlaysis
GBPCAD The pair has been on a down trend and has been respecting the descending trend line as the resistance where it has been pulling down from ,at this juncture the pair has currently broken the previous weeks HIGH after a very long mini consolidation in that zone giving us a double bottom which price respected and bounced off from ....Currently on the previous...
GbpUsd seen close to supports for a buy opportunity, So on this one we sell short to support parameters then a long buy to resistance capiche. However i will update when at main supports. Please if you love my ideas support me with a LIKE, FOLLOW and also share your ideas on this particular pair too. Also always apply proper risk managements thanks.
FOREXCOM:GBPJPY Hello Traders, drop a comment below to ask questions or make suggestions. Remember that market is reactive and not predictive.
Congrats on our previous sell, GbpUsd now Seen on a very strong supports parameter(Buy Zone) Based on previous posts as said for us to buy long on supports to mid resistance at 1.28000 Then from there we either see a break further to strong resistance above or a drop down back to strong supports. Please if you love my ideas support me with a LIKE, FOLLOW and also...
GBP/USDattempts to retrace the decline from the start of the month, but the Relative Strength Index (RSI) undermines the recent rebound in the exchange rate as the indicator continues to track the bearish formation carried over from December. follow me like share and comment
GBPUSD seen tested supports after the brexit deal and reversing from what looks like a false breakouts, But WAIT till price jump into the BULLISH PENNANTS @1.30150(Buystop) with respect to S/R then buy all the way up 1.31500. Please also comment, like follow me and share your ideas on this particular pair too. thanks!
GbpAud seen retracting on resistance whilst following the buy trend.. So therefore a sell to supports or bottom trendline. As long as resistance isn't broken then sell! Please comment and share your ideas on this particular pair too. thanks!
Congrats on our previous sell. However still on the buy trend, Wait for reversals as long as 1.28500(Bottom trendline, Supports) isnt broken then swing buy back up to 1.31500. Also note upon the final hearing on Brexit on 31st we would get to see more volatility that can change the market. so apply proper risk managements. Please comment and share your ideas on...
Congrats on our previous swing buy to 1.31000 and then now its retracting good for a sell back to previous supports @1.30000.. Please comment and share your ideas on this particular pair too. thanks!
Congrats on our previous swing sell. However now GbpUsd was rejected on the support line then retracts and heads up for a buy to 1.31000 first then if broken extends to 1.32530 otherwise retracts for a sell back to previous supports.. Please comment and share your ideas on this particular pair too. thanks!
Well its not clear for me to take any trades in the pound pairs at all. I will just wait for a good entry after a breakout only.