Sterling
EURGBP: Trading Plan
what a boring price action on EURGBP.
the entire month the market is trading within a narrow trading range.
It looks like finally selling pressure is accumulating.
Most likely the pair will break below the underlined range and face with a strong zone of demand.
I will try to catch a bullish impulse around 0.85 major structure support level.
In my view, the price will retrace at least to 0.87 level.
no matter what is your execution technique, I suggest setting your stop below 0.847
GBPUSD: Trading Plan For Next Week
good Saturday, traders!)
GBPUSD has easily broken below 1.28 structure zone still respecting the falling channel .
I still keep following this channel and my next zone of focus is the area around 1.27 level!
Once again I will be waiting for a bullish breakout of a channel to take action and buy the pair.
Target levels will be 1.28/1.29
*if the market goes below the underlined zone, setup will be invalid!
EURGBP: Buy After Breakout
EURGBP has been consolidating for two weeks.
On 4H we see a descending triangle formation and there is a high chance to see a bearish break below the horizontal support.
however, once bears break below they will face with a major zone of demand
and buying volumes will accumulate.
For these reasons, be focused on the area around 0.85 and look for a signal within this zone.
Target level will be 0.87
GBPUSD | HOLD THE CABLE - FLY ON BREXIT | 28 OCTHello everyone, 1:8 R:R Trade. Not bad!
We are expecting the GBPUSD (Pound) to start skyrocketing to the upside in the next few days.
More details on the chart.
Week 43 - GBPUSD - Thursday - Pre-NYOI actually quit trading for this week but this opportunity looks too juicy to pass on
Week 43 - GBPUSD - Tuesday - Low of the weekLol cant believe were having another up week on foreign currencies
