AshleyB95

Start of the pound recovery? Possible idea if 134.000 breaks

Take from it what you want...

EJ - Pullback then 128.000? Failure to close below the previous low could result in a bit of a pullback before seeing 128.000

EU Shorts soon?

GBPCAD - Waiting for confirmation

Reasons to look at potentially going short; - Third touch of descending trendline - 61.8 fib retracement - Back testing Short term support now possible resistance - Heading towards dynamic resistance (200MA) Things to consider before; - A lot of buying pressure over the last few days (2 of 3 Strong Bullish Candle closures) - DXY looking bullish, Could see some ...

Nice rejection from 79.500. If we maintain below this then the highlighted areas will be ones to look out for

Comment thoughts

1.60 Previous resistance and support level

Comment your thoughts

Consistently failed to break key level around 0.81150 and broken ascending trendline. Slight pullback now but 0.79500 possibly looking good. Will wait and see

Will this slow down or continue to make a new high?

Speaks for itself

Will wait to see how the markets open and watch Price action, Would be looking for this to break that trendline and pull back for a retest before entering long. This would also match up with my Bearish Bias for the USD (See my related ideas post)

Expecting dollar weakness so this could pop up. Extremely tight SL so not much to risk. Will see how markets open and check PA

Head and Shoulders, 61.8 fib retracement and daily resistance respected, Also if we go down to the 4hr chart there was a doji candle this Friday. Bearish bias currently

Self Explanatory. Waiting on confirmation

Not much risk here but a possible huge gain. 61.8 rejection and respected descending trend line again. TP down at touch of weekly trend line. Pending order set depending on market open