As the price coming to the resistance , the resistance level keeping pushing on the zone. Might be the change of trend. For long term, the price might going keeping on bullish trend. Thus, the GBPJPY price will lookup on current price for confirmation to short. The support level stated will be one of the most important level need to be watching for either trend...
Hey Traders, Bullish Compression on Cable. Bearish is more probable, but we need more signals, Still Bullish.
Following on from my long term analysis, you can see sideways consolidation at the POI. A break out on either side should set the pair in motion.
Hey Traders, Stop Hunting Pattern. UpTrend is more probable.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
I think price will be able to push to the 1.35 lvl as time goes on. The UK is struggling to keep its economy afloat while simultaneously the BOE is attempting to fight inflation. One or the other needs to happen and a soft landing is not going to happen, especially with double digit inflation. Canada's economy I think will be able to resist a recession. It may...
Price could potentially reverse off a key resistance level, we could see the momentum carry price down to its take profit target. Entry: 1.24439 Why we like it: There is an overlap resistance Stop Loss: 1.26735 Why we like it: There is an overlap resistance Take Profit: 1.16386 Why we like it: Take profit level aligns with 38.2% Fibonacci retracement Please be...
OANDA:GBPUSD Gbpusd is trading in Bullish pattern now After breakout from channel down , Market retested the channel line Now market is making higher high breakout of current resistance level will make it more bullish Our target will be buying dip's Target 1.2285 ❤️ Please, support my work with follow ,share and like, thank you! ❤️
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
On Wednesday (March 15), GBP/USD continued to fall by 0.85% to close at USD1.2056.The UBS incident has caused the market to worry about the state of the European banking system, because the impact of the collapse of Silicon Valley Bank, which is a major customer of technology companies in the United States, is accelerating.Credit Suisse's share price plunged by...
hello trader, hope you are having a profitable week. on GBPJPY the price has broken the previous resistance and now turned the support level, after the retracement, I expect continuation to the upside. if you have a different idea kindly share it below, thank you
Straight forward short setup for the GBP / USD . Perhaps this is too obvious but either way i present to you a nice short setup with easy invalidation . At the target box we have the 200EMA sitting with .618 fib and the point of control of the range *POC I don't think we go straight down from here although of course that's possible but i would like to see a...
As the dollar gets weaker we can exchange to BUY more Pound. price expected to rally to verify Previous High Time Frame support
Hello traders, Today we will do an analysis for GBPUSD. This pair is in a down trend on the daily timeframe that started on the 23th of January. Now, it is doing a corrective move from the last big impulse to the downside. The most probable scenario for this one is a pullback to the blue rectangle marked on the chart that coincides also with 70,5% retracement...
What a free fall from GBPUSD after breaking strong support. Will it head back to retest the broken support?
GBPJPY is in strong bullish trend. After a good retracement to 50% Fib level, Will it head back to previous high ?
GBPCHF is heading towards a strong support of 1.11000 region. Will this support show some reaction to upside? If it show some reaction , then 0.38% Fib retracement is possible and even to 50% Fib retracement.
(27.09.2022) The Pound Sterling Makes a Clear Rally forming New (HH's & HL's) up until Q1 2023. (3.03.2023) The Pound Sterling makes a turn around at Q1 2023, breaking out to form New (LH's & LL'S) I foresee a short rally/(Price Correction) before a more distant price dip dip towards (1.12000/1.11000). The Pound Sterling will crash. Gideon Stephen 8.03.2023