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Britishpound

💵British Pound/Australian Dollar💵@Regular Contracting TriangleBritish Pound made Regular Contracting Triangle , and it was able to break the lower line of this triangle, and now it is completing the Pullback . I expect that the Pound will go DOWN at least to 1.58 AUD . 🔅 British Pound/Australian Dollar Analyze ( GBPAUD ) Timeframe 2Weeks ⏰ Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy , this is just my idea, and I will be glad to 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
10
💵British Pound/Japanese Yen💵Analyze (9/23/2022)!!! British Pound/Japanese Yen was able to break the support lines and the support zone and is currently completing its pullback. I expect the British Pound/Japanese Yen to go down to the trend line, at least. 🔅British Pound/Japanese Yen Analyze (GBPJPY) Timeframe 8H⏰. 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 be glad to 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
3
GBPAUD Buy opportunity and reversal levelsThe GBPAUD pair has been trading within a Channel Down pattern since March 15. At the moment the price is on the bottom (Lower Lows trend-line) of the pattern, below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) with the 1D RSI on the 30.000 oversold level. That should be considered a short-term opportunity by itself towards the top of the Channel. But even from a longer-term perspective, the last time we had those exact same set of parameters take place was during the Channel Down that started on June 2020. As you see that pattern also made a -6% Lower Low from its last High and once the 1D RSI hit the 30.000 oversold level, the price rebounded, gradually above the 1D MA50 and then the 1D MA200 to break above the Channel and eventually make a top on the 1.5 Fibonacci extension. As a result, as long as the current Channel Down is intact, we expect a new multi-month rally towards the 1.5 Fib which is at 1.85500. Since the bearish trend is that strong, especially today, it would be best to take that trade upon confirmation, after the price closes above the 1D MA50. Confirmation is needed because in the event of a break below the Channel's bottom (Lower Lows trend-line), we can see the price target the -0.382 Fibonacci extension at 1.613520. ------------------------------------------------------------------------------------------ ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoyed this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant and support me and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------------------ You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------------------ 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇
by TradingShot
3
💵British Pound/Swiss Franc💵Analyze (9/22/2022)!!!The British Pound/Swiss Franc was able to make a beautiful Bullish Engulfing Pattern. And British Pound/Swiss Franc managed to reach trend line 1 and, as a result, managed to break it. We are currently seeing a pullback to trendline 1. I expect the British Pound/Swiss Franc to go up to at least trend line 2 & resistance zone. 🔅British Pound/Swiss Franc Analyze (GBPCHF) Timeframe 1H⏰. 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 be glad to 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
2
💵British Pound/U.S.Dollar💵Analyze !!!British Pound is moving in an Ending Diagonal Pattern , and it was able to end its main wave 4 at 1.4251$ . So now Pound is running in main wave 5 . And I tried to show you the end of the main wave 5 in my chart: Where is the end of main wave 5 ❗️❓ 🎯 Target 1 🎯: 1.1383$ until 1.1324$ ( Cluster of Fib ) at my TRZ (Time Reversal Zone). 🎯 Target 2 🎯: 1.0790$ until 1.052$ ( Cluster of Fib ) at my TRZ (Time Reversal Zone). 🔅 British Pound/U.S.Dollar Analyze ( GBPUSD ) Timeframe Monthly ⏰ Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy , this is just my idea, and I will be glad to 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
EURGBP Double Resistance rejection. 1D MA50 pull-back in focus.The EURGBP pair has been trading within a Channel Up pattern on the 1D time-frame since the March 07 market low, which only broke for one day. That came on June 14 when the price was forcefully rejected on both the 1W MA200 (red trend-line) and the 0.87200 Resistance that has been holding since February 26, 2021. This is where the pair is currently at, touching both the 1W MA200 and the Resistance Zone two days ago, with the price rejected sideways. The current consolidation on such high levels seems to be the sell accumulation phase before a leg downwards. With are selling this set-up, targeting the 1D MA50 (blue trend-line). We will turn bullish either on the 1D MA50 or at the bottom of the Channel (Higher Lows trend-line). In both cases the target will be 0.8700. In order to extend buying towards the top of the Channel, we would like to see a candle close above the Resistance Zone. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Short
by TradingShot
3
GBP/USD weekly chart: falling wedge headed to 37-year support?The British pound ( GBP/USD ) hit an intraday low of 1.1406, temporarily breaking below Covid-20 lows and hitting the lowest level in 37 years, before recovering to 1.147 as of this writing. The GBPUSD weekly chart reveals intriguing long-term patterns: The major long-term trend is represented by a falling wedge, with the lower support line set by January 2009's and October 2016's lows and upper resistance line by November 2007's and May 2021's highs. The ultra-ten-year falling wedge contains two lateral ranges (May 2009-June 2016 and July 2016-September 2022), both characterised by a similar 20% width. The long-run falling wedge's direction collides with the all-time low and support level of 1.051 hit in February 1985. If 1.14 defines a new multi-year resistance level and a new 20% side range is established, the next long-term support could be as lows as 0.95. Idea written by Piero Cingari, forex and commodity analyst at Capital.com
by Capitalcom
1
💵British Pound/Canadian Dollar 💵 Analyze!!!British Pound/Canadian Dollar is running in the Heavy Support zone and near the lower line of descending channel. I expect the British Pound/Canadian Dollar to go up to the middle line of the descending channel. It should be noted that this growth will be temporary. 🔅British Pound/Canadian Dollar (GBPCAD) Timeframe 4H⏰. 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 be glad to 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
10
💵British Pound/Australian Dollar💵 Analyze(Short term)!!!British Pound/Australian Dollar was able to make a Falling wedge & Inverse Head and Shoulder near the Heavy Support zone!!! British Pound/Australian Dollar can touch at least the upper line of the falling wedge in the next few days. Also, we can see the Regular Divergence (RD+) between Price and MACD Indicator. 🔅British Pound/Australian Dollar Analyze (GBPAUD) Timeframe 4H⏰ Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to 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
1
British Pound / U.S Dollar 4hr gbp/usdtarget 1.19 bullish case, we are in down trend, although falling wedges tend to break to the upside 68% of the time. looking for a bounce of the trend line, hit resistance, then test, slight downside before a break of resistance to 1.19. could take couple weeks to play out, Day's Range 1.1602 - 1.1694 52 Week Range 1.1602 - 1.3913 Ask 1.1648 long term we could see alot of downside for gbp as dire forecast from Citigroup, which expects UK inflation to reach 18.6% next year for the first time since 1976 as energy prices rocket amid the cost of living crisis.
Long
by TechnicallyBullish
GBP-USDIn the chart, you can see in blue GBP-USD and in black the yield differential of the UK and US 10-year bonds. Usually, the two lines are correlated; whenever this correlation has been lost, it has always been GBP-USD that has realigned with the yield differential (as evidenced in 2020 and as was also the case at the turn of 2018). Now a new divergence has formed. It is not certain that GBP-USD will start to rise from today, but sooner or later it will realign, as it has done in the past, with the yield differential.
TVC:GB10YLong
by TradingwDavid
GBPJPY Neutral within the 1D MA50 & MA200 until a break-out.The GBPJPY pair has turned its trading pattern into a Triangle since the June 09 High, with the Lower Highs trend-line as the Resistance and the Symmetrical 160.00 - 159.400 Zone as the Support. Practically it has been neutral within the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) since July 29, offering an excellent medium-term scalping range. Until that breaks either way, the trend is neutral and we can keep selling the high and buying the low. A break below the 1D MA200, is a bearish break-out signal towards the 155.650 Low, while a break above the Lower Highs of the Triangle, is a bullish break-out signal targeting the 168.740 Resistance. On the long-term, with the CCI still on Higher Lows isnce March 01, the bullish trend should be favored. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
1
GBPUSD Approaching the bottom of the Channel DownThe GBPUSD pair has been trading within a Channel Down pattern since the May 27 2022 High. The price is approaching the Lower Lows trend-line (bottom) of the pattern, which happens to be a 3.0 Fibonacci extension and chances of a short-term rebound are high. Potential targets first the 1D MA50 (blue trend-line) and the Lower Highs trend-line (top) of the Channel Down in extension. Keep in mind that only a 1D MA100 (green trend-line) break-out is capable of sustaining further uptrend. Until then, trading within the Channel Down is the go to on the short-term. Keep in mind though that on the long-term we may be ahead of a strong bullish reversal as the RSI on the 1W time-frame has been on Higher Lows since May 16, while the actual price has been on Lower Lows, i.e. giving a Bullish Divergence. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
4
GBPNZD Excellent buy level for a rally to the end of the yearThe GBPNZD pair has been following exactly our trading plan since our last update a month ago, getting rejected on the 1D MA200 (orange trend-line) and hitting the Higher Lows zone of the long-term Triangle pattern that it has been trading in since the April 02 2020 High: The initial rebound after the August 12 Low is seeing a pull-back in the last 10 days and that may be the perfect opportunity for those who missed it, to buy again. Our long-term target for the end of the year is just below the 0.786 Fibonacci retracement level at 2.010. Those who seek more risk, there is also the Symmetrical Resistance if the Triangle breaks to the upside. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
2
GBPCHF Will the 10 year Support come to the rescue?The GBPCHF pair has been on a bearish trend since the April 2021 Top, which has been accelerated since June 2022 as the price has failed to recover and trade above the 1D MA50 (red trend-line). In fact, this month has entered the huge Support Zone that dates all the way back to the August 2011 low! Within those 11 years of trading, the lowest level has been the March 2020 COVID crash of 1.1125. The RSI on the 1M time-frame is at the lowest level since October 2016. All these paint the picture of a strong multi-month Support Zone right ahead. On a long-term basis, it is worth building up buy positions or trade the break-out above the 1D MA50, with a long-term target on the 1W MA50 (blue trend-line), which during this 10 year span was always hit when the price broke above the 1D MA50. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
1
GBPAUD Strong buy on a monthly basisThe GBPAUD pair has started the week on a strong note, with the current 1W candle being the longest green (so far) since September 21 2020. That shows incredible buying sentiment especially following a 1W MACD Bullish Cross and the 1W RSI being on Higher Lows since April 04 2022. When the price is on Lower Lows, as is the case now, this is a Bullish Divergence potentially indicating a trend shift upwards. We saw the very same set of parameters align back in the July - December 2020 sequence. After a Support re-test, the price started a strong long-term uptrend above the 1.5 Fibonacci extension. If you are on this for the long-term, there are few better levels to buy and target the 1.5 Fib at 1.8340. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot