all you need to know is in chart
good lock
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GBPUSD has shown a bullish divergence and we are currently at an area of support meaning that a short term long is likely.
Remember to DYOR before investing and trading!
USDGBP
good mooney on a good friday. ;D
Its very thoughtful the new feature in publishment . this will definetly improve the trading skills of everyone rather just drawing someelse ideas.
I did this analysis cx after the TA i came to conlusion it should retest closest resistance . iTs not good idea to trade pullbacks .
It never about taking the trade .all work...
price already breakout the support area, waiting for the retest and nice candle confirmation and we can confidently open position buy in this pair, remember guys always focus on money management + psychology = GOOD LUCK
Hello everyone , as we all know the market action discounts everything :)
The USD/GBP looking bullish with a completion of a cup and handle with conformation of the pattern when the price breached the resistance level at 0.72533 , The USD showing great momentum against the GBP , the price is moving up after a piercing candlestick pattern happened last week.
The...
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Looking at the macro, we can see the GBP has been in a bear market against the USD since 2008, and then after Brexit it felt even more pain.
So what happens next?
The UK is currently applying a lot of fiscal and monetary stimulus to the economy, and negative interests rate could be on the way.
This is a bearish signal for the GBP.
You may say well the US is...
Similar to my AUDUSD idea, I have technical reasons to believe that GBPUSD is about to make a swift move downward.
Short term bear trend here has been obscured by absorbent buying on each attempt to flush out longs.
1:6 R:R
On Weekly timeframe you will see a just recently posted bearish engulfing candle.
On Monthly timeframe you will see a just recently...
![USDGBP: USDGBP Time to BOUNCE BACK UP - [RALLY INCOMING]](https://s3.tradingview.com/r/R8kg4EMx_mid.png "USDGBP Time to BOUNCE BACK UP - [RALLY INCOMING]")
