GBPUSD - 24h expiry We are trading at oversold extremes. A higher correction is expected. Indecisive price action has resulted in sideways congestion on the intraday chart. The hourly chart technicals suggests further downside before the uptrend returns. Preferred trade is to buy on dips. We look to Buy at 1.2095 (stop at 1.2045) Our profit targets will...
We saw GBPUSD spike today following the favourable employment news and then reject the descending trendline (confirmed with doji and then rejection). Fundamentally there has been negative PMI data (manufacturing was green but still below 50) to support my view, so I think the bigger downtrend will continue. I also don't believe the USD is done yet, it will remain...
On the 4-hour chart, we witnessed yesterday how prices retraced Bullish to come into our zone. This saw the 1 hour chart hitting its target price point and proceeding all the way higher to get to our 4 hour Panzy-Pips Block (PB), as marked out on the chart. From this level, and with this look of bearishness, we expect prices to begin to melt and consequently...
I believe the GBP/AUD pair remains a favorable buy. It appears to be severely oversold, and on the larger time frames, it continues to exhibit a bullish sentiment. Over the coming weeks, which may extend to a total of 3-5 weeks, we anticipate movement towards our targets. It's advisable to monitor this currency pair closely, as it presents substantial upside...
Hello traders, have a good week. GBP/CAD analysis. The trend is down. Focus more on selling more. Be a friend of the trend. Good luck.
GBP/USD analysis: The trend is downward. Focus more on selling. We will take the money. Buyers come more. Be a friend of the trend. Good luck.
If the gbpusd pair can break the wedge and resistance without bearish divergence then brexit wont be doom and gloom as some portray on the smaller time frames we have already seen a price surge from the news in October 2019 to the exit date last night
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
GBPJPY buyers are still holding strong & keeping bullish market structure intact. Price is still up 590 PIPS, after bouncing from our Wave IV low. Roughly another 800 PIPS profit left to the upside, before we see long term reversals📉
EU our last mark up for this week, here we have a bullish move like we have in GU so we aim for our SWH as it stands iam planning on doing the same thing as we have on GBP run a low or run the high then we will look for our setup mainly iam focusing on the internal lows and highs for our tell tell signs of moves higher or lower! Remember to always read order...
Starting our week off with GU, from last week we had a very bullish out to our week and overall we stay within out bearish higher time frame moves, as it stands we would like to see our high tapped into for the bullish swing range we are on to be fulfilled, keeping in mind we are mainly running major lows, coming into our first session of this week iam looking to...
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OANDA:GBPUSD FX:GBPUSD In my opinion, the price of the dollar index has experienced a lot of decline and it will take some time to suffer and recover, and the current jumps also indicate a price floor. Trading starts on Monday 4 hours after the market opens
Hello traders, A bullish channel , A support and a resistance: Our soup is ready! JUST DO IT BUT DON"T FOREGET ABOUT MONEY MANAGEMENTT
let's see! sale! there will be no short-term trading! but I think what we see is realistic! go