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Greatbritain

BULLS GREAT BRITISH POUNDS Its no news that the GREAT BRITISH POUNDS is about to sky rocket which will give rise to the GBP pairs across boards.Here is perfect clean set up which shows vividly from the W1 that the original trend is an ascending one and moving down to the lower time frame which brings us down to pretty multiply time frame analysis we can see clearly here on H4 that their is a descending trend line which seems to be broken.If you did not catch the ride from the bottom of the bullish movement is another good opportunity to LONG the pair with a good risk to reward ratio Having that in mind we know pretty much that each time the EURGBP drops we have a rise generally on GBP pairs ......A litlle tip Let me know what you fell in the comment section and hit the follow button to get my analysis first hand as it drops
Long
by HoneypiesfxS
2
GBP/USD Continuation of Fantastic Trade on CableIn this idea I will explain how you can enter GBP/USD (Cable) with a great risk-reward trade based on the technicals of horizontal support and resistance. Whoa. We had such an amazing trade here on GBP/USD last time using these zones, let's try to do that again. First let's quickly recap our previous succesful idea: We found confirmation on the resistance, and had a beautiful short trade. Currently, we are seeing the price lowering towards the support area. You could wait for some sign of support, or enter the trade now. Since the support area is relatively small, you can enter this trade with a great risk-reward. The second important thing to note is the interesting periodicity. Every 8 days, large moves seem to happen. Basically all important pivot points are around the 8 days period and the price is approaching another 8 day mark soon. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
11
EURGBP - previous outlook How about that trendline - GBP is getting alot stronger with multiple lower highs and lower lows. Currently the trendline is around 0.839 which has been rejected - Waiting for a long short here. Bear in mind fundamentals can cause the trendline to be fakedout to the upside or further rejected. Weekly - bearish Daily - bearish 4 Hourly - bearish We have been short, but unfortunately did not position hold on this one. If you are one of the masters who did! We applaud you for maintaining such a good position.
Education
by LupaCapital
GBPAUD SHORTFundamentals will create any reason to explain the technicals of the market. BREXIT, protest, etc. Being a technical trader and having a set algorithm will solve most over complicated issues to this complex market. It looks just about time for the this pair to resume its long term downtrend. I am currently in shorts, but will be adding to my position once price declines further past 1.8500 support. My overall target for this position is 400 pips to 1.81.. The market can fall further than this point, but I will have further updates once that happens.
Short
by bajapips