GBPUSD - Intraday - We look to Sell at 1.2270 (stop at 1.2335) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. Preferred trade is to sell into rallies. Although the anticipated move lower is corrective,...
GBPCHF - Intraday - We look to Sell at 1.1420 (stop at 1.1470) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
EURGBP short. We took out the liquidity and are close to fill our OB on the 15min Chart. We could see a drop on EG for the next days/week. What do you guys think about this idea? Can we see the price dropping or will we see a push upwards? Please like and comment what you think!
The British pound has staged an impressive 18% rebound since its September's lows and is now entering a pivotal week given the upcoming Fed's (Wednesday) and BoE's (Thursday) meetings. Even though the latest signs of economic activity are mostly better or in line with expectations, they actually show that the economy is slowing down and that a recession is...
- buys look good from these 2 areas - intraday targets depends on apm and how price balances - extended achievable target @1.244
GBPJPY - Intraday - We look to Sell at 167.35 (stop at 168.30) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The 200 day moving average should provide resistance at 167.30. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look...
After some good price action and changing Charachter we have a possible sell on EURGBP. Asia Range filled yesterday and price dropped to create a new LL. Waiting for the Price to come to our OB (Order Block) @ 0.86369 between 0.86424 and fill the small Imbalance under the OB. Entry: 0.86369 SL: 0.86469 (10 Pips) TP 1 is 3% which is the Asia low from Today (30...
HELLO GUYS THIS MY IDEA 💡ABOUT GBPUSD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the sellers from this area will be defend this SHORT position.. and when the price come back to this area, strong sellers will be push down the market again.. DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason...
GBPUSD - Intraday - We look to Buy at 1.2075 (stop at 1.1990) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has the potential to return. The trend of higher lows is located at 1.1900. The preferred trade is to buy on dips. Our profit targets will be 1.2325...
The sterling tools daily chart rounding pattern formation, this is not perfect rounding patter, but this is the rounding pattern this is change in the movementum, i am bullish this share but current level no trade is the best.
Trade Idea: Selling GBPJPY Reasoning: Bearish channel to continue Entry Level: 165.76 Take Profit Level: 164.07 Stop Loss: 166.41 Risk/Reward: 2.57:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
GBPCHF - Intraday - We look to Buy at 1.1380 (stop at 1.1320) Selling pressure from 1.1535 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. Short term bias is bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 1.1550 and...
Trade Idea: Buying GBPNZD Reasoning: Trading in a range on the 60min chart Entry Level: 1.9226 Take Profit Level: 1.9452 Stop Loss: 1.9180 Risk/Reward: 4.95:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
EURGBP - Intraday - We look to Sell at 0.8710 (stop at 0.8750) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for sentiment and the downtrend has potential to return. The hourly chart technicals suggests further upside before the downtrend returns. With the Ichimoku cloud resistance above...
Trade Idea: Buying GBPCAD Reasoning: Trading in a bullish channel in the short term. Looking for higher prices. Entry Level: 1.6145 Take Profit Level: 1.6297 Stop Loss: 1.6075 Risk/Reward: 2.35:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...
GBPUSD - Intraday - We look to Buy at 1.1970 (stop at 1.1875) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a...
- Key points: 1- The fall statement came in the context of weak economic growth, high inflation rates and high interest rates. The Office of the Balance Sheet projected that the UK would be in recession from the third quarter which would last for just over a year until the third quarter of 2023, with GDP falling 2.1% ...