Poundsterling
POUND STERLING STRENGHT CONTINUES!Technical Overview: - GBP/USD
Check out our previous posted analysis
Pound had been on a long run and we had been anticipating this way before the run started. We are getting very close to our weekly target and price is currently looking for more upside but first we need to dip and shake out both buyers and sellers while creating a false sense of hope for both parties.
From a smaller time frame we are expecting to continue this bullish (www.tradingview.com) run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish (www.tradingview.com) momentum.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
GBPUSD - Ready for the sell?Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
GBPUSD: Important Update!
Multi timeframe analysis on GBPUSD.
Price action & harmonics.
Key levels & thoughts.
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GBPUSD - Upside limited, bears are comingTrade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
GBP/USD Forecast: ShortHere is an update on GBP/USD
RECAP:
In our previous analysis GBP/USD was trading at 1.38943
We expected a further move to the downside on the pair and this is exactly what happened
The pair hit lows of 1.38300 triggering our Sell Stop at 1.38800 and hitting our TP1 at 1.38600,
We hoped that the pair would hit our 2nd TP at 1.38000 but that did not happen so we closed our trade at 1.38450
So we managed to bank 700 pips over 20 positions on this pair.
WHAT TO EXPECT:
Currently at 1.39100
Which acted as a minor support/resistance for the pair
We expect the pair to reject this upward movement and go back to the 1.38 zone
The pair might still be bullish and try to test resistance at the 1.39500 level
A break above 1.39500 will see the pair reaching new highs of 1.40
We are still bearish on the pair
OUR POSITIONS:
Currently @ 1.39150
Buy Stop @: 1.39300 (please monitor this entry)
Buy Stop TP @: 1.39500
Sell Stop @: 1.38900
Sell Stop TP @: 1.38700
Sell Stop TP2 @: 1.38500
Link to our previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
EURGBP: How to Buy Wisely?
EURGBP is approaching strong horizontal support.
To catch a pullback from that, pay attention to a falling parallel channel on 4H.
The trigger that we are looking for is 4H violation of its resistance.
Only then we can buy.
Goals:
0.879
0.8835
In case of a bearish breakout of a green zone, the setup will be invalid.
EURGBP: Catching a Pullback
EURGBP is trading within a weekly demand zone.
On hourly, the price broke above a resistance line of a falling wedge pattern.
The pair is relatively oversold and I expect a pullback.
Goals:
0.8704
0.8717
GBPUSD - LONG Opportunity - H1 - 60 Pips+ A Strong support on the zonal area, Long term uptrend on H4/H1 Timeframes combined with a fib retarcement of 50% and a double pullback confirms a long opportunity.
TP: 1.39480
GBP USD SELL (POUND STERLING - JAPANESE YEN)Hi there. Price is forming a reversal pattern to change its direction.
Watch strong price action at the current levels for sell.
GBP JPY SELL (POUND STERLING - JAPANESE YEN)Hi there. Price is forming a reversal pattern to change its direction.
Watch strong price action at the current levels for sell.
GBP/USD forecast: Still shortHere is what to expect on the GBP/USD Pair
RECAP:
In our previous analysis GBP/USD was trading at 1.39069
We expected a movement to the downside as the pair had reached new year highs of 1.39 and was getting close to the edge of its ascending channel.
We expected a very bullish DXY this week
The pair continued a move to the upside reaching highs of 1.39510, triggering our buy stop which was immediately rejected by our system as it registered as a false breakout. We also expected this to happen and cautioned that monitoring this entry would be advisable in our previous analysis.
We then opened new Sell orders at this level after our bearish shark formation from our previous analysis had extended to this level.
The pair then fell as expected triggering our sell stop at 1.38800 which we also banked at 1.38700. In total we managed to bank 1600 pips,
WHAT TO EXPECT:
Currently trading at 1.38943
We expect GBP/USD to continue its downward trend and try to break support at 1.38800-1.38600 zone.
if it manages to break below this level we expect the pair to test the previous low of 1.37500 before a reversal back to the 1.38 zone
On the other hand if GBP/USD struggles to break resistance at 1.38800-1.38600 and reverses back to 1.39 we expect the pair to test previous highs of 1.39510
OUR POSITIONS:
Currently @: 1.38943
Sell Stop @: 1.38800
Sell Stop TP 1 @; 1.38600
Sell Stop TP 2 @: 1.38000
Buy Stop @; 1.39400
Buy Stop TP @: 1.39600
Link to Previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
GBPUSD: Where are We Going?
GBPUSD keeps pushing.
The price managed to set a new high on a daily.
Where is the next strong resistance from where a bearish swing move may start?
Pay attention to 1.43-1.44 resistance area.
It is a very important high of 2018.
It looks like it is the main goal for market makers right now.
The closest support to buy from 1.34-1.35 zone.
For now the price is trading perfectly between them.
For that reason, making long term trading decision is very risky on GU.
Let it reach the safe trading zone and only then make trading decisions
GBPCHF continuationThis pair has already broken the weekly resistance and is showing signs of pushing up to the supply and demand setup. Make sure to find an entry and rally up with it.
GBP/USD: Forecast: ShortHere is an what to expect on the GBP/USD pair
RECAP:
Last week Friday in our analysis GBP/USD was trading at 1.37800
We expect the pair to continue its downtrend to at least 1.37500 before a reversal after a bullish butterfly had formed on the M30 chart.
Bears struggled to push GBP/USD lower than 1.37800 and the bulls managed to push the pair upwards back to the 1.38 zone.
We expected the pair to break above its previous resistance met at 1.38600 and predicted the pair to reach new year highs of 1.39 that's exactly what the pair has done.
We had Buy Stops at 1.38400 and TP set at 1.38800 which we adjusted today as we expected the pair to reach our predicted 1.39, banking 1200 pips over 20 positions our biggest profit on GBP/USD we have posted so far.
WHAT TO EXPECT:
Currently GBP/USD is trading at 1.39100
We expect the pair to retrace back towards 1.38600 which was the previous resistance and is also 0.618 on our Fib retracement.
After this we expect the pair to further decline back to last week Friday's level of 1.37800 and then bounce back towards 1.39 zone again as the pound is still strong in the long run against the dollar.
REASON FOR OUR BEARISH EXPECTATION:
US10Y Government bonds have reached a new high of 1.21 which will boost DXY this week to the upside
Bearish Shark formation has formed on both M30 & 1H chart
GBP/USD has reached a new high and is almost close to the edge of its Ascending channel, reversals are to be expected
OUR POSITIONS:
Currently @: 1.39100
Sell Stop @: 1.38750
Sell Stop TP 1 @: 1.38400
Sell Stop TP 2 @: 1.38000
Buy Stop @: 1.39500
Buy Stop TP: 1.40000
Note: Pair might continue uptrend towards 1.39500, keep a close eye on your Buy Stop incase of a false breakout
Link to previous analysis below
GBPJPY Rally to the upsideGBPJPY has showen us that it is in an uptrend at the moment, It could retrace of course but we will see this pair continue to the upside.
GBP/USD - WHERE TO ENTER ON THIS RUN?Technical Overview: - GBP/USD
Check out our previous posted analysis
As anticipated, we have reached our targets from less higher time frames however most importantly our ultimate target has not been met just yet which leads us to anticipating more buy potential to the upside to our target before we get any major movements to the downside.
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
EURGBP: Trading Opportunity for US Session
EURGBP is trading within a strong falling parallel channel on 4H.
Its resistance has been reached recently and on that, the price formed a bearish engulfing candle.
On hourly, the price is currently ranging.
0.8775 is the support of the range.
To catch a bearish move with confirmation,
wait for a breakout of its support (hourly candle close below),
then sell aggressively or on a retest.
First goal will be - 0.8755
In case of a bullish breakout of the range, the setup will be invalid
and bias will be bullish!
GBP/USD: Forecast: Possible short then longHere is what to expect in GBP/USD
RECAP:
In our previous analysis GBP/USD was trading at 1.38170, we expected a retracement from this level back to 1.38000-137800 before continuing its uptrend and GBP/USD did exactly that. Reaching highs of 1.38680, triggering our buy stop at 1.38400 which we closed at 1.38600 after noticing a bearish shark formation on the 4H chart, locking 400 pips on GBP/USD over 20 positions. GBP/USD could not break past this new resistance as DXY was approaching previous support at 90.4-90.3
WHAT TO EXPECT:
Currently GBP/USD is bearish and we expect it to continue being bearish till 1.37500 range which was previous resistance for the pair. A break below this will see the pair going back to previous lows of 1.37000, 1.36800 & 1.35600.
Meanwhile a bullish butterfly has formed on the M30 chart signaling a potential reversal, if confirmed GBP/USD will go back to 1.38600 and try and break the new resistance at 1.38600 enabling the pair to reach new high around 1.39000 range.
GBP/USD is still within the ascending channel.
Long term GBP/USD is still Bullish
OUR POSITIONS:
Buy Stop Positions remain the same see previous analysis
Sell Stop @: 1.37300
Sell Stop TP1 @: 1.37000
Sell Stop TP2 @: 1.36500
Previous analysis linked below
Resistance becomes support#GBPUSD: Having broken the rising trend line, price is now looking to test it as support level. Failure to break back down will give the bulls the strength to break upwards past the 1.3870 supply level. Demand levels 1.38 & 1.3760 should be strong enough to absorb the sell volume.
GBPNZD: Bullish Accumulation
Very peculiar bullish pressure this morning on GBPNZD.
On a daily, the price is currently trading within an ascending triangle with two consequent higher lows.
For now, 1.92 is a strong horizontal resistance where the price sets equal highs.
In case of its bullish breakout (daily candle close above), a strong swing move can be initiated.
In case of a confirmed violation, the next goal for buyers will be 1.96 level.
Also, note that the price is currently trading above a major falling trend line.
It is a very important clue as well.
GBPUSD: The Next Strong Resistance
3 days, daily time frame analysis on GBPUSD.
Structure analysis and strong supply points.
Please, support this video with like and comment!
GBP/USD BULLISH SENTIMENTTechnical Overview: - GBP/USD
Check our analysis from previous week
Price is seeking liquidity and a lot of it stands above current resistance.
We have entered long positions last week targeting this imaginary line.
Our long term analysis remains bullish however, currently DXY is in a very uneven state, we do anticipate more downside before any major moves to the upside.
GBP/USD LONG SENTIMENT
If you have not had the chance to enter or add to your position, this weekly analysis might be the perfect chance.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
