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Greatbritainpound

GBP/USD : Change of trend?🧐Hi, guys!👋🏻 Yesterday, after several unsuccessful deals, I directly fear to make mistakes again.😕 It's not even about the money. This fear prevents making decision here and now. 😩 It seems like I stopped seeing the real picture of what I usually see, when I looking at the chart. 🥴 I have experienced that for many times. I know that will pass soon. Immediately after a few successful transactions.💪🏻 Why am I telling you about this?🤔 I think, many of you feel the same. In this case - the main thing isn't stop! ✋🏻⛔ Go ahead, just fight yourself. That's the key of success! As for British Pound, the price has left the descending channel and will now go up. ☝🏻You can find the levels on the chart. 📊 ✍🏻What can you say, dear? Do you have such a sensation? How do you fight them? I am always ready to support you💙💛 Stay with me💋 YOUR Rocket Bomb🚀💣
Long
by RocketBomb
3
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
Threats on the horizon, EU summit & hidden intervention of JapanToday we are talking about a possible demarche by the Irish Democratic Party and, accordingly, the text of the treaty that could be not approved. Therefore, the GBP movement stuck. On the one hand, growth needs to be continued, because on brink of Brexit deal, on the other hand, everyone suddenly realized that the deal still has to be approved by the Parliament of Great Britain. This has already happened with Theresa May so the growth of the pound has stopped so far. Also, a positive sign following the results of today's summit of the European Union may well overshadow the concerns for a while. So today we will continue to buy the pound, but with an eye on the outcome of the summit. Its failure will be a sentence for the pound (at least temporary) and it will be sold out. Another rather unexpected threat was the announcement by China that the country is ready for countermeasures if the US Congress provides legislative support to protesters in Hong Kong. Given the already difficult and still incomplete trade negotiations between the United States and China, this could become a stumbling block in resolving trade wars. In the light of such news and market concerns, today we will continue to look for points for safe-haven assets purchase (gold and the Japanese yen). As for the yen decline this week, Goldman Sachs explains its weaknesses with purchases of foreign assets by the Japanese State Pension Investment Fund (GPIF), which put pressure on its currency. But in general, this is a form of hidden currency interventions. Interventions by the Bank of Japan may provoke the United States to ask the Bank questions, but also it seems like there is no manipulation. Worth noting the weak data on US retail sales (-0.3% with the forecast + 0.3%). The dollar naturally was under pressure. Recall that we remain bears, so today we continue to look for points for dollar sales in the foreign exchange market.
Long
by Trade24Fx