GBPJPY is flirting between this 185 support price and 188 region, a solid 300 point range, we are hopeful to see a pullback and another opportunity to enter long from this 185 psychological price zone. From here we can look to targets 1R, 3R, 6R respectively. A lucrative setup, with lots of mileage upside, nothing to say we can't target 190.00.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86000 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
GBPNZD - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 2.0430. Price action looks to be forming a bottom. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. A move through 2.0500 will confirm the bullish momentum. We look to Buy...
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26300 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26300 support and resistance area. Trade safe, Joe.
After price closes past the zone I am going to enter my sell order at 186.168 and i will take profit at 185.877.
British pound to the US Dollar being our first pair of this week very clear bias for us with higher targets we are within a new bullish range we're looking for a swing high to form so we can confirm our high overall we are looking for longs out of this heading for new highs.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. GbpCad at a key turning point ,to see more downside or continue its uptrend if it hold 1.71 band..let's watch and act accordingly. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you...
Hey Traders, in today's trading session we are monitoring GBPNZD for a selling opportunity around 2.05100 zone, GBPNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2.05100 support and resistance area. Trade safe, Joe.
The hourly chart is also strictly bullish, with the target being the Previous Weekly High (PWH). The bullish Order Flow is favorable. It would be ideal to see a short setup during the Asian session with the aim of covering imbalances and furthering the bullish movement.
4h - The four-hour chart looks as good as the daily, with excellent price action around liquidity. It's a strictly bullish context, and reversing such a movement seems highly doubtful. The Previous Weekly High (PWH) is the logical target.
FX:GBPJPY is forming a set-up within the ascending channel, which predicts the continuation of the trend, but for this the price needs to overcome the resistance at 188.28. On D1 we can see that fundamentally and technically the national currency of Great Britain looks much stronger than the Japanese currency, although Tokyo has been trying hard to strengthen...
As I predicted earlier, EURGBP dropped nicely after a key structure breakout. It turned out that the price managed to violate one more support. The pair closed below 0.8650 - 0.8665 area. The broken structure turned into a key resistance. We may anticipate a bearish continuation to 0.8625 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.25900 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.25900 support and resistance area. Trade safe, Joe.
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It's been quite long since we had a short-term trade (see chart below) on the GBPJPY pair: This time we found an excellent long-term sell opportunity on the 1W time-frame. As you can see it is cyclical in nature having emerged by the rejection of the price on the Higher Highs trend-line of the 4-month Ascending Triangle. The cyclical characterization stems...
GBPUSD is elegantly responding to the strategic convergence of resistance and supply prices, seamlessly aligning with the significant milestone of 1.27. In recent trading sessions, these key whole numbers have exhibited remarkable efficacy across the pairs under our scrutiny. Our discerning gaze is now fixed on pinpointing the extent of selling pressure...
Hey Traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 187.500 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at at 187.500 support and resistance area. Trade safe, Joe.