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Britishpound

What is going on in GBPCHF ?Trading suggestion: At the first, I suggest that you consider the areas I have identified! There is a possibility of a powerful retracement. that two bearish trends are so strong and I will show you in zoom out in the comment below why I said those are so powerful! If so, traders can set short orders based on Price Action and expect to reach short-term targets. Technical analysis: In a long term, GBPCHF is in a downtrend, and the continuation of the downtrend is expected. The RSI is at 87.60 on daily and 72 on weekly so I think even if GBPCHF wants to break the bearish trend first has to keep calm and fall a little and then keep going for rising ... Notice: in the other hand we have two news for GBP what the second one is Monetary Policy Report Hearings Your Support is very much 🙏 appreciated!❤️ *******Please show your support back, *******Hit the 👍 LIKE button, *******Drop some feedback below in the comment! Trade well, ❤️
Short
by navid97
GBP/USD PULLBACK TO MORE BUYS!Technical Overview: - GBP/USD From a HTF perspective price is in bullish momentum, however from a smaller time frame perspective ties are starting to shift. By understanding that price is making higher highs and higher lows, we will better understand the framework of an analysis. When we are bullish from a higher time frame, the picture should be clear. Currently price is considered "OVERBOUGHT" If you have followed our weekly analysis posted few weeks back, we gave an entry at the bottom of this bullish impulse. If you have not had the chance to enter or add to your position, this weekly analysis might be the perfect chance. Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil 😈 Trade with the manipulation👾
Long
by FlyDownX
2