Fxtrading
GBPUSD Intraday: Buying dips with 1,3000/3020 as targetHello,
The pound is gaining towards the end of the month / quarter, one reason may be the continuation of the EU / UK Brexit talks starts tomorrow (shorts profit taking ?).
GBPUSD strongly up from the beginning of the day, I hope for a slight pullback around the opening of the session in NY:
Longs 1.2860 / 40
stop below 1.2830
Target 1.3000 / 3020
Good luck
NZDUSD sometimes is too fast and too high.... Selling some...Hello,
Commodity currencies are the greatest beneficiary of "unlimited" printing all around the world.
GDP from NZ weak, RBNZ cautious, and the chart "says" if not here, where?
Selling inside the zone 0.6730 / 80 (scaling?)
Stop above 0.6820
1st target: 0.6525
Second target: 0.6375
Good luck
GBPCHF Hawkish BOE is it possible ? Buy the breakoutHello,
sideways. Range 1.16 / 1.1500 from the bottom and 1.2050 / 2200 from the top.
in case of a surprise hawkish BOE statement (possibly in combination with a Brexit warming) this pair has a chance of a sharp / rapid rise towards 1.2080 / 2200
A breakout and a rise towards 1.19 is the number one point on the checklist
The return and retest around 1.1850 / 35 is number two and long entry
Stop at 1.1770
1st target 1.2080
Second 1.22
Good luck
EURGBP Buying dips but first wait for stop hunt....Hello,
from the intraday perspective, we are testing the potential demand zone.
BOE interest rates decision is great event for more market manipulations, so we can see stop hunt below 0.9080 / 60.
If so, then we should see a quick return above 0.9115 / 25, and then a retest of 0.91 which would be a confirmation of long positions :)
1st target 0.9180 / 9210
Complicated ? Maybe a bit, but the chart means more than 100 words :)
Good luck
EURGBP H1EURGBP M30 - Saw a break and retest of this pennant last week, but this was quite late during the week and markets then closed, and also failed to set new highs beyond the breakout high. I'm neither bullish or bearish on this until we hear more from the vote later on today. This will then set the tone going forward for the GBP markets and to a degree the EUR markets