Get started

GBP (British Pound)

EUR/JPY, GBP/JPY, GBP/CHF and NZD/CAD on watch for me today.EUR/JPY: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/JPY: • If price corrects and a tight flag forms after the convincing impulse down which it has now given us, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/CHF: • If a larger flag with two clear tops and bottoms which is fairly horizontal in nature forms, the second move up pushes up to and ideally just above our previous high and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the hour chart. • If a larger flag with two clear tops and bottoms which is fairly horizontal in nature forms, the second move up pushes up to and ideally just above our previous high and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the tight flag. • If price simply corrects and a tight one hour flag forms, then I'll once again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. NZD/CAD: • If price impulses back down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
Short
by StewySongs
2
GBPUSD is facing bullish pressure | 06 Apr 2021Prices are facing bullish pressure from ascending trendline support which is in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci extension. If prices fall through pivot, prices might take support one 1st support which is a horizontal swing low support, in line with 50% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is below prices, showing a bullish pressure for prices.
Long
by FXCM
5
GBP/JPY, GBP/CHF, NZD/CAD and USD/CHF on watch for me today.GBP/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down below the lower trend line of our most recent piece of structure followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price impulses back down below our rayline, it does so in a convincing manor and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/CHF: • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. NZD/CAD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above other upper trend line of our most recent piece of structure, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. USD/CHF: • If price continues to correct and a tight one hour flag forms then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
Short
by StewySongs
GBP/JPY, GBP/CHF, NZD/CAD and GBP/USD on watch for me today.GBP/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down below the lower trend line of our most recent piece of structure followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price impulses back down below our rayline, it does so in a convincing manor and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/CHF: • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. NZD/CAD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above other upper trend line of our most recent piece of structure, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/USD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our previous high, it then impulses back down below the mini trend line I've drawn in, it does so in a convincing manner and a subsequent tight one hour flag forms, or it simply impulses down below the mini trend line I've drawn in from where it currently is, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
Short
by StewySongs
2
GBP/JPY, GBP/USD and GBP/CHF on watch for me today.GBP/JPY: • If price impulses back down below our rayline and the lower trend line of our most recent corrective channel, it does so in a convincing manor and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/USD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/CHF: • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
Short
by StewySongs
2
GBP/JPY, GBP/USD, GBP/CHF and GBP/NZD on watch for me today.GBP/JPY: • If price impulses back down below our rayline, it does so in a convincing manor and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/USD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above other upper trend line of our most recent piece of structure, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/CHF: • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/NZD: • If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
Short
by StewySongs
2
GBP/JPY, GBP/CHF, GBP/NZD and USD/CHF on watch for me today.GBP/JPY: • If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/CHF: • If price only pushes up to and ideally just above our lower rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/NZD: • If price pushes down to give us a more horizontal pair of bottoms and then it pushes up to and ideally just above our rayline to give us a third top I'll be looking to get short with a risk entry after a phase line break if the last part of the move is corrective. • If price pushes down to give us a more horizontal pair of bottoms and then it pushes up to and ideally just above our rayline to give us a third top but it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. USD/CHF: • If price impulses down below our most recent corrective channel, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
Short
by StewySongs
2
USD/JPY, USD/CHF, GBP/CHF and GBP/NZD on watch for me today.USD/JPY: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. USD/CHF: • If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses down below our most recent low, it does so in a convincing manner and a subsequent one hour flag forms, then I'll once again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/CHF: • If price continues to impulse down a little further, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply continues to correct where it currently is and it gives us a tight one hour flag then I'll once again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/NZD: • If price starts to correct where it currently is and a larger flag with two clear tops and bottoms forms which is fairly horizontal in nature, then I'll be looking to get short with a risk entry after a phase line break if the last part of the second move up is corrective. • If price simply continues to impulse down below the 90% rule of our most recent piece of structure, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
Short
by StewySongs
USD/CHF, GBP/CHF, GBP/NZD and EUR/GBP on watch for me today.USD/CHF: • If price impulses back down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/CHF: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down below the trend line I've plotted as illustrated, followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/NZD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price doesn't quite push up to the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down below our higher time frame rayline followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down below the lower ascending trend line of our most recent piece of structure followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/GBP: • If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price only pushes down to and ideally just below our rayline and the last part of the move is corrective, then I'll once again be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart but I'll be hiding my stop loss below our lower descending trend line for extra protection. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
by StewySongs
2
GBPUSD facing bullish pressure | 26 Mar 2021Prices are facing bullish pressure from pivot, in line with 38.2% Fibonacci retracement level. Prices might push up further towards 1st resistance which is in line with horizontal swing high resistance as well as 61.8% Fibonacci retracement. If prices push down further, prices might take support from 1st support which is in line with 78.6% Fibonacci retracement and 50% Fibonacci extension EMA is also below prices, suggesting a chance for a bounce.
Long
by FXCM
2
GBP/CHF MONTLY BEARISH PATTERN!!!In the monthly we have a price that is over extended. The price is currently rejecting a supply area. As well we have a over extended W formation, so we can expect the price to complete the pattern with a rejection to the w previous leg. if we take fibonacci from low to high we can see that the fibonacci .618 level is align perfectly with estructure. We just have to make sure that the M,W and D time Frames are in the same direction before taking any action.
Short
0
by Wiiso
2
GBPNZD is facing bullish pressure | 24 Mar 2021Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2% Fibonacci retracement level. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by FXCM
10
GBPUSD facing bearish pressure | 23 Mar 2021GBPUSD is facing bearish pressure from 1st resistance which is in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push towards 1st support which is in line with -27.2% Fibonacci retracement . If prices break through 1st resistance, prices might face resistance from 2nd resistance which is in lien with 100% Fibonacci extension and 127.2% fibonacci retracement . EMA is also above prices, giving a bullish pressure for prices.
Short
by FXCM
5
EURGBP facing bearish pressure | 19 Mar 2021EURGBP is facing bearish pressure from 1st resistance which coincides with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push towards 1st support which coincides with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices break through 1st resistance, prices might push up towards 2nd resistance which coincides with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is also above prices, showing a further bearish pressure for prices.
Short
by FXCM
18
GBP/CHF, USD/CAD, GBP/USD and AUD/JPY on watch for me today.GBP/CHF: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above other upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. USD/CAD: • If price corrects and it gives us a one hour flag then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. AUD/JPY: • If price breaks the lower ascending trend line of our most recent piece of structure, it does so impulsively and in a convincing manner and this is followed by a tight one hour flag, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
9