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GBPJPY 27.02.2022 Looking to short GJ from 155.500 Confluences: - Bearish market structure as LLs and LHs are being printed. - Broke below 155.500 support region without retest. - Retest level (155.500) which is currently the support-turned-resistance level falls inline with the 61.8% fib reversal levels. A potential push to higher fib extensions may occur, will look for signs of rejections once market reaches the sell zone

Short

GBP/NZD Double Top in Play as RBNZ Hikes Rates The New Zealand Dollar gained after the RBNZ raised interest rates to 1% form 0.75% in February. On the 4-hour chart, GBP/NZD confirmed a close under a bearish Double Top I have been closely following since last week: www.dailyfx.com This may hint at reversing the uptrend from November, with immediate support as the 38.2% Fibonacci retracement at 1.9890. Other levels below include 50%, 61.8% and 78.6% at 1.9691, 1.9492 and 1.9208 respectively. Overturning the bearish projection entails a confirmatory close above the 2.0487 - 2.0535 resistance zone. FX_IDC:GBPNZD

by QM_Dubrovsky

EURGBP will correct The price broke through the upper boundary of the channel at the moment of local oversold. I expect that the price will reach the resistance level.

Long

Breakout of the trend line Price is moving in the range of the downtrend line and the lower boundary of the liquidity zone. Locally, the price is oversold and close to a strong support level. I expect a breakout of the trend line and a retest of the upper boundary of the liquidity zone.

Long

An unsuccessful attempt to break out of the channel The price broke through two support levels and returned to the downward channel. I think we are moving to the next support level.

Short

by MakarovTrade

The pound at the beginning of the downward movement The price formed a bearish candlestick absorption pattern and then broke the uptrend line and the support line. I think that from the current price we can test the support level indicated on the chart.

Short

by MakarovTrade

GBPUSD should go together with EURUSD The price has formed a candlestick pattern of an inverted hammer and proof of that like on EURUSD chart. Stochastic RSI 1H is overbought. I think we can form a reversal signal on the TD Sequential. The price quickly reached a resistance level and is near a strong liquidity zone, so I don't think the correction will be strong. I expect that the price can retest the upper boundary of the liquidity zone and grow to the resistance level .

Long

by V4silySrednek0v

GBPSEK Target Price 13.21115 GBPSEK price closed above 12.69163. Price retested 12.69163. Enter long positions and take profit at 13.21115.

Long

GBPCAD Target Price 1.75604 Price closed above 1.72806. Price retested level 1.72806. Enter long positions and take profit target at 1.75604.

Long

GBP / USD Good evening from The Netherlands.. Today we have GBP / USD.. Beautiful example of a Trading range.. Strategy Trading range. Buy low, sell high.. Look for description.. When you take a trade with less risk it means it comes with less probability. When you take a trade with high probability it means it comes with more risk (wider stop loss)

by MoneyMakingMuro

Double top The price has formed a double top pattern, so we can reach the Fibonacci level of 0.5 as indicated on the chart.

Short

by MakarovTrade

Liquidity Zone - Opportunity Zone The price is moving in a downward channel. We have a strong liquidity zone under the support level. I expect price to bounce off from the lower boundary of liquidity zone.

Long

by SerjMarkeleo

Bullish takeover The price is moving in an upward channel. The price formed a bullish takeover on the 1H timeframe. I expect the price to reach the resistance level.

Long

by SerjMarkeleo

GBPCHF in a triangle GBPCHF is moving inside a triangle and price has got stuck between FTC Level and an uptrend. Breaking the trendline will be followed by a correction.

by CryptoTitans1

Continued movement The price is at the lower boundary of the uptrend channel, near the support level. I expect growth to the nearest resistance level.

Long

by Financial-Algorithm

EURGBP bullish takeover The price went up very quickly after the bullish absorption, so I expect a small correction, and then the growth to the level of 0.83615.

Long

by Financial-Algorithm

Fan punching The price has broken through 2 fan lines, holds the support level and the uptrend line. Two bullish candlestick patterns emerged. I expect growth up to the level of $1.3692.

Long

Breaking through the descending channel The price has broken through the upper boundary of the ascending channel. Stochastic RSI is locally oversold. I expect a small correction of the current momentum and then growth to the target indicated on the chart.

Long

by MakarovTrade

GBPUSD rising wedge The price has formed an ascending wedge pattern. The movement broke through and consolidated above the support level. I expect that the price will reach the level of $1.3655

Long

by SerjMarkeleo

Buyers weakened The price movement is sandwiched between two lines. The price made 3 false penetration of the downtrend line, formed 2 ascending triangles, from which it went down. I expect a further decline to these levels.

Short

by V4silySrednek0v

Continuation of the movement The price is near the lower boundary of the uptrend channel, near the support level. The oscillators are neutral. I think that we can rise from the current level.

Long

by V4silySrednek0v

GBPUSD Long Hey traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.36 zone, once we will receive any bullish confirmation the trade will be executed. Don't forget to support us with like and comments for more contents! Trade safe, Joe.

Long

GBPCAD Short Hey traders, in today's trading session we are monitoring GBPCAD for a long term selling opportunity around 1.73 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.

Short

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