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chris_naykene chris_naykene GBPUSD, 1D, Short ,
GBPUSD: GBP/USD
17 0 0
GBPUSD, 1D Short
GBP/USD

Price consolidated starting around the 4th of May and finally broke below it on the 18th. Currently we are seeing a potential retest near 1.35000 which was a strong support zone since the 4th of May. I am waiting for a candle formation on either the 2H or 4H timeframes before going short on this one.

Abdul_Light Abdul_Light GBPJPY, 1D, Short ,
GBPJPY: GBP/JPY Interest Rate Outlook Short Term Bearish
53 0 0
GBPJPY, 1D Short
GBP/JPY Interest Rate Outlook Short Term Bearish

Giving last months Carney speech about Interest rates talk being halted due to Brexit talks - Needing clarity on where the country is heading before giving an overall economic out look. In terms of the Currency The Pound Sterling - Investors are mainly concerned about Brexit & Interest rates, as the bullish rally on the GBP was because the central banks said ...

IntelligentTrading IntelligentTrading GBPUSD, 1D, Short ,
GBPUSD: Cable GBP/USD Breaks Uptrend
127 0 3
GBPUSD, 1D Short
Cable GBP/USD Breaks Uptrend

**TRADE ALERT** SELL GBPUSD -0.41% at 1.39772 S/L 1.4190. Not for the faint hearted as Brexit talks makes this a lively pair but with the long uptrend breaking together with negative momentum looks a decent trade for a downside move. Recent dovish comments from the Bank of England's Carney also supporting this bearish set up.

IntelligentTrading IntelligentTrading GBPUSD, 1D, Short ,
GBPUSD: CABLE BREAKS UPTREND
12 0 0
GBPUSD, 1D Short
CABLE BREAKS UPTREND

**TRADE ALERT** SELL GBPUSD at 1.39772 S/L 1.4190. Not for the faint hearted as Brexit talks makes this a lively pair but with the long uptrend breaking together with negative momentum looks a decent trade for a downside move. Recent dovish comments from the Bank of England's Carney also supporting this bearish set up.

Captain_Walker Captain_Walker GBPMXN, 1W, Long ,
GBPMXN: Weekly breakout could be exploited
10 0 1
GBPMXN, 1W Long
Weekly breakout could be exploited

GBPMXN (weekly) chart is showing some interesting features, which lead me to be long on lower time frames. There is some sort of triangle, wedge, or pennant following breakout. The pattern is holding above a level of support (at this time). Based on experience, this creates a probability for further moves north. The Aroon is showing that the bulls are still ...

jonjamesuk jonjamesuk GBPJPY, 1D, Short ,
GBPJPY: GJ Short 14800 target
136 0 2
GBPJPY, 1D Short
GJ Short 14800 target

400 pip target 125 stop, price broke the bullish trend line on 07/02 retested today 08/02 price couldn't maintain the upward momentum and now looks very bearish

chris_naykene chris_naykene GBPUSD, 240,
GBPUSD: GBPUSD
48 0 1
GBPUSD, 240
GBPUSD

We saw key resistance broken on the 02/01, since then we have seen a retest and a rally to the upside. Now we are seeing price rising within a bullish channel an bouncing off the 20 EMA. A break to either side will trigger my trade.

StippWian StippWian EURGBP, M,
EURGBP: Extremely Long Term EURGBP Chart!
135 4 2
EURGBP, M
Extremely Long Term EURGBP Chart!

Today i'm visiting my favorite Forex pair to look at and discuss a very long term Elliott Wave count that it appears to have formed. It appears as if in early 2008, a 5th wave completed as a high. From there the market has been clearly corrective, ultimately going sideways. A Zig-zag completed into mid 2015 and from there we have seen a sharp move to the upside. ...

Tickmill Tickmill GBPUSD, 60,
GBPUSD: Dollar standby mode suggests it's ready to leap on tax news
65 0 3
GBPUSD, 60
Dollar standby mode suggests it's ready to leap on tax news

The greenback yet can’t go for a far swim, remaining near 93.00 mark for the second consecutive day. Senate Republicans approved the tax reform plan on Saturday, increasing likelihood of passing the bill, but aligning it with the Lower Chamber may not be easy, since the main discussion will unfold in determining the final burden on the budget, through which the ...

Hirschle97 Hirschle97 GBPJPY, 240,
GBPJPY: GBP/JPY *SELL*
78 0 2
GBPJPY, 240
GBP/JPY *SELL*

Feeling the swtup!

chris_naykene chris_naykene GBPAUD, 240, Long ,
GBPAUD: GBP/AUD
27 0 1
GBPAUD, 240 Long
GBP/AUD

After breaking out of the monthly wedge and retesting we are seeing another breakout this time of the daily ascending wedge. Currently we are seeing the pair ranging sideways but I am confident that we will see a break above the box and onto 1.77000s.

AshleyB95 AshleyB95 GBPCAD, D,
GBPCAD: GBPCAD - Potential Long
36 0 0
GBPCAD, D
GBPCAD - Potential Long

Will need a few things to be met before entering long

chris_naykene chris_naykene GBPUSD, 240, Long ,
GBPUSD: GBPUSD
78 0 6
GBPUSD, 240 Long
GBPUSD

Price keeps on respecting the current bullish channel, we have seen a closure above the 1.33070 resistance which last happened in September, we are now seeing a retest meaning that resistance could now turn into support so if the current 4H candle closes above it I will enter long targeting the resistance trendline around 1.34000s.

chris_naykene chris_naykene EURGBP, D, Short ,
EURGBP: EURGBP
38 0 2
EURGBP, D Short
EURGBP

Long-term (Weekly) bullish trendline has been broken and retested (4H view). First target is 0.87525.

chris_naykene chris_naykene GBPUSD, 240, Short ,
GBPUSD: GBPUSD SHORT
51 0 2
GBPUSD, 240 Short
GBPUSD SHORT

The ascending trendline has been broken and retested, i could have waited for the current candle to close but the previous high wave candle was very bearish in my opinion. Weak retail news from the UK and positive US news were also taken into account. Let's see how it plays out.

chris_naykene chris_naykene GBPAUD, D,
GBPAUD: GBP/AUD
31 0 2
GBPAUD, D
GBP/AUD

A break below the neckline could see this pair dropping to 1.62000.

AshleyB95 AshleyB95 GBPJPY, 240, Short ,
GBPJPY: GBPJPY - Will momentum continue - Support reached
70 0 4
GBPJPY, 240 Short
GBPJPY - Will momentum continue - Support reached

Can we break this key area and carry on with some more bearish movement? Couple of possible targets ahead if we can

AshleyB95 AshleyB95 GBPJPY, D,
GBPJPY: GBPJPY pullback to key level before going higher
28 0 0
GBPJPY, D
GBPJPY pullback to key level before going higher

GBPJPY - A significantly large bullish candle broke out from our long term consolidation of this pair. I would expect a pullback towards to top highlighted area now to retest previous resistance which would now be acting as support. If we get this pullback I would look to go down to the smaller timeframes to look for an entry to go long

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