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Britishpound

💡Don't miss the great sell opportunity in GBPJPYTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (151.07). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPJPY is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32.46. Take Profits: TP1= @ 149.70 TP2= @ 149. 40 TP3= @ 148.70 TP4= @ 148.15 TP5= @ 147.45 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
27
💡Don't miss the great sell opportunity in GBPJPYTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (151.07). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPJPY is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32.09. Take Profits: TP1= @ 149.70 TP2= @ 149. 40 TP3= @ 148.70 TP4= @ 148.15 TP5= @ 147.45 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
9
GBP/USD 123 Top still in place!Hey Traders so in the last lesson I had metioned that GBP/USD has formed a 123 top formation. Although the market has started to climb back up as you can see it has still not taken out the 2 point. That means as long as the US Dollar uptrend continues this trade should work out. I still believe that the British Pound is still a great short opportunity. Trade Well, Clifford All opinions expressed are for educational purposes and this is not a recommendation to buy or sell). (Always use risk management before entering any trade). (Past performance is not guaranteed for future results.)
Short
by TradeTheIndex
GBP/USD Weakening 123 Top Confirmed!Hey traders I just noticed the pound has been struggling move higher for a while now. I think the market may have topped out because the us dollar keeps on getting stronger and stronger like crazy. I think the pound is a great short opportunity in the making! Enjoy! Trade Well, Clifford (All opinions expressed are for educational purposes and this is not a recommendation to buy or sell). (Always use risk management before entering any trade). (Past performance is not guaranteed for future results.)
Short
by TradeTheIndex
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