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Britishpound

GBPUSD break support line of wedge and can continue to fallHello traders, I want share with you my opinion about British Pound. Watching the chart, we see how the price bounce back from the level 1.2545, went down, retested the buyer zone 1.2370-1.2345 and increased. The British Pound made a small correction, continued to rise, and subsequently broke through the resistance level 1.2545. Over time, the price has created an upward wedge in which he traded for a long time. After a retest of the current support level, the British Pound continued its upward movement and reached a resistance level 1.2665, which coincide with the resistance line of wedge. Not long ago, the price began to decline from resistance level and broke through the support line and left the upward wedge. The British Pound can retest the current resistance line and continue to fall. I think the price could drop to the support level. In that case, I decided to set 2 targets at level 1.2575 and support level 1.2545. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
EURGBP growth with Three White Soldiers👩‍🚀👩‍🚀👩‍🚀!!!Hi everyone👋. EURGBP managed to form a Bullish AB=CD Harmonic pattern in the 🟢 support zone(0.874 GBP-0.8718 GBP) 🟢. 💡 Confirmation sign of point D of the bullish AB=CD Harmonic pattern: Forming a Three White Soldiers👩‍🚀👩‍🚀👩‍🚀 Candlestick Pattern . Regular Divergence(RD+) between points D and B. The StochRSI indicator shows us the end of the movement.👇 🔔I expect EURGBP to rise to at least the resistance line. 🎉Also, I shared with you the LONG position with RR= 2.00 , but be sure to follow your strategy and not forget capital management . 🔅Euro/British Pound Analyze ( EURGBP ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
39
EURGBP falls again with ⭐️Evening Star⭐️Candlestick Pattern!!!EURGBP has attacked the resistance line several times, but it seems that the 💡sign💡 of the failure of this attack can be the formation of the Evening Star Candlestick Pattern on the resistance line and near the 🟡 Price Reversal Zone(PRZ) 🟡. I expect EURGBP to fall to the 🎯targets🎯 I specified in the chart; I also shared a short position with RR=2.28 with you, but be sure to trade according to your own strategy and don't forget capital management. 🔅Euro/British Pound Analyze ( EURGBP ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
37
HelenP. I GBPUSD has left the wedge and may continue uptrendHi folks today I'm prepared for you BRITISH POUND analytics. The price created a support zone.2365-1.2345 and started to rise and reached resistance at the level 1.2545, from which decreased to the support zone and re-tested it. After re-testing the support zone, the British Pound continued its uptrend. The price made a slight correction downward and tried to break through the trend line, but could not gain a fixed below and continued to grow. British Pound created an ascending wedge and traded inside for a long time and recently left it. The price, having re-tested the support line of wedge that coincide with the trend line, continued to rise and broke through the resistance at level 1.2545. After some time, the British Pound broke through the resistance of the wedge and continued to grow. Now the price has made a downward correction, re-tested the current support line and may continue to rise. I hope that the British Pound may continue the uptrend, so the targets will be set at levels 1.2640 and 1.2675. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
3
GBPUSD - New Buying Opportunity !Hey Traders 💖 On The Daily Time Frame The GBPUSD Price Reached a Key Level (1.24482-1.25258) The Price broke and closed below a key daily structure support . The GBPUSD Formed an Ascending Channel, Currently The Price is Testing The Support Line of The Channel ! if price stays above the key zone, GBPUSD can continue the bullish move ! ----- TARGET 1: 1.24985🎯 TARGET 2: 1.26195🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Long
by Hsan_BenAhmed
1
GBPNZD growth from the bottom of ascending channel(Shor term)🚀GBPNZD can start to grow again from the bottom of the ascending channel. 💡Reasons for GBPNZD growth:💡 A Hidden Divergence(HD+) between two successive valleys in the ascending channel. Buy signal in RSI indicator . Confirmation of the end of the movement by the StochRSI indicator . Hammer🔨 Candlestick Pattern formation at the bottom of the ascending channel. 🔅British Pound/New Zealand Dollar ( GBPNZD ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
27
EURGBP Falls by Bearish Engulfing & Resistance zone/line & HD-😉EURGBP was rejected by the 🔴 resistance zone(0.886GBP-0.8852GBP) 🔴 and resistance line . Also, the EURGBP reversal signal is the Bearish Engulfing Candlestick Pattern. In addition, Hidden Divergence(HD-) can be seen between two consecutive peaks. I expect EURGBP to decline to at least 🟢 support zone(0.874GBP-0.872GBP) 🟢. 🔅Euro/British Pound Analyze ( EURGBP ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
6
HelenP. I GBPUSD after retest support may continue to move upHi folks today I'm prepared for you BRITISH POUND analytics. At the beginning of the month, the British Pound re-tested the support zone 1.2300-1.2275 and continued the uptrend. The price formed a large upward impulse and almost reached resistance at level1.2545. The British Pound made a profound correction, continued to grow, and tested resistance. Then the price fell to the trend line from which started to grow and created an upward channel in which it trades for a long time. The British Pound rose to resistance of channel, rebounded and fell to the trend line. The price began to rise, broke through the resistance of the channel and the level of 1.2545 and continued to move. The British Pound is currently trading above current support, but could to decline and test it. I hope that the uptrend may continue, so the target for the British Pound will be set at level 1.2600. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
8
GBPUSD bounced from resistance of channel and can to declineHello traders, I want share with you my opinion about British Pound. Watching the chart, we can see how the price after a rebound from the level 1.2010 began an upward movement. The British Pound broke through the resistance area 1.2265-1.2285 and continued to rise. We see how the price, after a small correction and test of the current support area, continued to move. Over time, the British Pound created an upward channel and is now trading inside. After the retest of the support line of channel, the price continued to rise and reached the resistance line. The British Pound bounced off the resistance line of channel and went down. On Monday, after the opening of the market, the price can continue to decline. I think the upward movement can was continued, but first the British Pound can make a small downward correction. So the target I decided to set at level 1.2485. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
7
GBPCAD - NEW BREAKOUT 📈Hello Traders 💖 On The Daily Time Frame The GBPCAD Broke The Major Key Level (Support Becomes Resistance Level) and he Broke The Resistance Line ✔ Currently, The Price is testing 1.68195-1.68603 Support Level for Creating a new Higher Low 📈 If Price Stays Above The Key Zone, GBPCAD Can Continue The Bullish Move 📈 ----------- TARGET 1: 1.69930🎯 TARGET 2: 1.71650🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Long
by Hsan_BenAhmed
6
EURGBP Near a buy break-out signalThe EURGBP pair is testing the top (Lower Highs trend-line) of a short-term Channel Down inside a 1 year Channel Up pattern. The previous two such patterns gave a buy signal when a 1D candle close above them. If that happens, we will buy and target Resistance 1 (0.89800). Our trading plan involves selling at the top of the Channel Up (Higher Highs trend-line) if a 1D candle closes below it and target 0.88000 (the 1D MA200) and buy if a 1D candle closes above it (target Resistance 2 at 0.92800). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
EURGBP: Preparing a strong rebound.The EURGBP pair is currently on the 1D MA50, trading inside a long term Channel Up for more than 1 year. The 1D technicals are neutral (RSi = 51.179, MACD = 0.000, ADX = 27.770) meaning that this level is gradually turning into a buy opportunity inside the Channel Up. Every rally made at least a 5.00% rise, so we are targeting the top of the Channel (TP = 0.91250). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
4
EURGBP - New Selling Opportunity! Hello Traders ! On The Daily Time Frame The EURGBP Price Reached a Resistance Level ✔ The EURGBP Price Was Trading in a Bullish Structure but The Price Came Under Renewed Selling Pressure 📉 He Failed to Create New Higher High 📈 Currently, The Support Line is Broken🔥 So, I Expect a Bearish Move📉 ---------------- TARGET 1: 0.87920🎯 TARGET 2: 0.87540🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Short
by Hsan_BenAhmed
1
GBPJPY: Channel Up needing a pull backThe GBPJPY pair has been trading inside a Channel Up pattern for the majority of the year and with the price now on its top, the 1D technicals are naturally bullish (RSI = 65.660, MACD = 1.070, ADX = 50.539). A Golden Cross will be formed by next week and just as the Death Cross was on a bottom on Jan 17th, the Golden Cross can be the Channel's new Higher High and start a pull back to its bottom. Sell as long as the price closes inside the Channel Up and buy near the bottom (TP = 168.000). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
1
GBPUSD needs a break of at least ➖5%👇GBPUSD seems to have completed its impulse wave 5 🔴resistance zone($ 1.267-$ 1.24) 🔴 so that Regular Divergence(RD-) can be seen between the end of the main wave 3 and the main wave 5. And also, the main wave 3 is Extended. When wave 3 is extended, wave 1 and wave 5 tend towards size equality 100% or 61.8% relation = In this example, exactly 61.8% has been met.✅ Another sign that we can confirm at the end of the main wave 5 is the formation of a Bearish Engulfing candlestick pattern in the resistance zone. In addition, since the DXY index is expected to take an upward trend, then my expectation of GBPUSD falling can be reasonable.👇 So I expect GBPUSD to at least decline(➖5%) to the end of wave 4 (close to the 🟢support zone($ 1.183- $ 1.165)🟢). 🔅British Pound/ U.S.Dollar Analyze ( GBPUSD ), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
24
Key levels converge for potential GBPUSD buying opportunityThe GBPUSD has reached the upper edge of the upward price channel, showing rejection from above and overbought conditions on momentum indicators. I expect the price to retest the local resistance at 1.23953, which is also where a rising trendline meets a weekly resistance level and the 23.6% Fibonacci level. I will not challenge the trend and will wait for a buying opportunity from those areas. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Long
by Candlestick_OB
GBPJPY Last push upwards before strong sell?The GBPJPY pair did give a good rebound and pull-back following our February 03 idea but hasn't yet touched the Symmetrical Support level: However it did manage to form a solid Channel Up, closing above the old Higher Lows trend-line and rebounding on the 1D MA100 (red trend-line). As long as those hold, buy and target 168.000 right below the Symmetrical Resistance Zone. A 1D candle close below the Channel Up, would be a sell signal for us, targeting just above the Symmetrical Support level finally at 156.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
HelenP. I GBPUSD can break support line and leave channelHi folks today I'm prepared for you BRITISH POUND analytics. The British Pound traded below the level 1.1925 for some time, after which the price changed direction and began to rise. The price continued to rise, created an upward channel, and is now trading inside. After a retest support level of the channel, British Pound continued to move up, broke through resistance at level 1.2435 and fixed higher. The price reached the resistance of the channel, from which it bounced back and began to fall. Recently, the price broke through the current support level and was able to foothold lower. I hope that the price can continue to fall and break through the support of channel. Therefore, targets for the British Pound will be set at levels 1.2385 and 1.2300. If you like my analytics you can support me with your like/comment ❤️
Short
by FirstNameHelen
3
British Pound is trades in channel and can fall to support lineHello traders, I want share with you my opinion about British Pound. Watching the chart, we can see how the price made a fake breakout of the buyer zone, after which it generated an upward impulse and increased to resistance level 1.2425. After a small correction, the price continued to rise and broke through the resistance level. Not so long ago, the price reached the level1.2525, changed its direction, began to decline and created a downward channel and is now trading inside it. We see the British Pound bounce off the support line of channel, rise to the current resistance level and retest it. The price is currently trading below the current resistance level 1.2425 and can continue to fall. I think that on Monday, after the market opens, the British Pound can continue to decline and reach the support line. In this case, I set the target for GBP/USD at level 1.2375, which coincide with the support line o channel. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
8