EURGBP TO BUY, FIB 100%, TP: .8585EURGBP has been on a wild ride of price action through a downtrend in the past couple days. However, it appears to have done a breakout as a buy position. Therefore with the downtrend retracement that hit support levels, we could be seeing EURGBP going for a buy.
TP: 0.8585+
GBP-BUY
GBPCAD: BUYIf we start on the Monthly time frame for GBPCAD, we can see that price is still at all-time lows. And what we know about this confluence is that it we can expect more bullish integrity.
Off of the Weekly time frame, we drew a line where resistance has now become support again at 1.76083. That being said, if this support line holds, we can expect a nice entry zone for Bulls to enter between 1.76171 and 1.76616 . Set your Take Profit level to about 1.78098 .
GBP/JPY Signal - GBP Markit Construction PMI - 7 Jan 2021GBPJPY is trending to the upside this week prior to the GBP Markit Construction PMI, and we anticipate continued upside into this event. The data shows business conditions in the UK construction sector. Technically the pair is at the 50 moving average and above the 139.94 support level and we anticipate upside into the 141.210 level.
GBP/AUD: Just bought @ the market Hey guys,
GBP/AUD is in currently in a strong buying volume cluster.
We have volume accumulation at these levels and a bullish divegence as well.
I am buying the pair at the market and am targeting the 1.90700 level (1st target) .
Stop-Loss has been placed on the chart but will be monitored manually as the markets are volatile.
*** Trade with care and at your own risk ***
GBPJPY, the BUY looks beautiful coming into this weekApologies for not being active during the start of the trading week, I was still enjoying the weekend. Currently, GBPJPY moved exactly as we expected, daily closure for last week was above the trendline/key area. As soon as the trading week opened a huge gap occurred and needed to push back into the market structure so we missed out on at least 50-100 pips. Now with a move that big for a Monday, we will expect the price to push a little lower to stay within the daily 50-100 pip per day for GBPJPY. We'll enter a BUY LIMIT with potential updates if we'll enter manually.
GBPJPY BUY LIMIT
start: 129.272
stop loss: 128.572
take profit: 133.572
GBP NZD Potential Long position on GBP NZD. Awaiting third touch of TL before entry.
Entry price also key pivot area for this pair.
My stop loss will be sat 30 pips below my entry
TP1- +30 PIPS
TP2- +50 PIPS
TP3 sat around the 100 pip area but be aware that there is fairly high potential for this being a 150 pip move
GBPUSD Moment of TRUTH BREXITWe were expecting the GBPUSD pair to weaken more, but due to the indecition of brexit the gbp got stronger. We are at a crucial point on our daily chart. We might see a breakout of the downtrend and witness the bullish cycle for the GBP. It is all up to the decition of brexit. If the United Kingdome stays in the EU the GBP will breakout and get stronger. If they leave the EU, the downfall will be imminent. Due to recent news we might expect a brekout more, the lack of Theresa May's Brexit is weakening strongly and the support for brexit is falling.