The Cable (GBP/USD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 38.2% Fibonacci support. Pivot: 1.3179 1st Support: 1.3033 1st Resistance: 1.3266 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex...
The price is rising towards the resistance level which is a pullback resistance that is slightly above the 23.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.3155 Why we like it: There is a pullback resistance elvel that is slightly above the 23.6% Fibonacci retracement. Stop loss: 1.3190 Why we like it: There is a...
GBPCAD has formed an interesting Head and shoulder formation break and we'll probably see a sell off at previous pivot point making a good target.
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GBPNZD will maybe retest lower support, making a good target for sellers, clear bear flag formation
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.31800 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.31800 support and resistance area. Trade safe, Joe.
EUR/GBP is reacting off the support level which is a pullback support and could rise from this level to our take profit. Entry: 0.84078 Why we like it: There is a pullback support level. Stop loss: 0.8382 Why we like it: There is a pullback support level Take profit: 0.8454 Why we like it: There is an overlap resistance level which lines up9 with the 38.2%...
EUR/GBP is reacting off the pivot and could rise to the 1st resistance which has been identified as an overlap resistance. Pivot: 0.8412 1st Support: 0.8384 1st Resistance: 0.8453 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
The Cable (GBP/USD) is reacting off the pivot which has been identified as a pullback resistance and could reverse to the 1st support. Pivot: 1.3180 1st Support: 1.3081 1st Resistance: 1.3264 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may...
Hey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.11200 zone, GBPCHF broke the 1.11200 Resistance and currently seems to be retracing. Trade safe, Joe.
The price is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from t his level to our take profit. Entry: 1.3230 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.3265 Why we like it: There is a pullback...
The EUR/GBP pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.8428, positioned close to the breakout...
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.32200 zone, GBPUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.32200 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.11400 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.1.400 support and resistance area. Trade safe, Joe.
The GBPJPY pair has recovered the late July sell-off and inserted again back within the 2-year Channel Up and even closed the last 2 weeks above the 1W MA50 (blue trend-line). The latter technically confirmed the bottom and the start of the new Bullish Leg. The first Bullish Leg of the Channel Up reached the 2.0 Fibonacci extension, the second aimed even higher,...
GBP/CAD falls towards the pivot and could bounce to the pullback resistance. Pivot: 1.7755 1st Support: 1.7698 1st Resistance: 1.7850 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that...
EUR/GBP is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which is a pullback support. Pivot: 0.8476 1st Support: 0.8437 1st Resistance: 0.8507 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
Hello it seems GBPJPY is going to reverse lower if price breaks the the first grey zone thats our invalidation point if price respects it it will go downwards to targets