SELL 6B1! BETWEEN 1.3012-1.3020 14.01.2020
6B1!
SELL 6B1! BETWEEN 1.3012-1.3020 (20 MINS)
CMP : 1.3005
INTRADAY TARGETS
T1 : 1.2988
T2 : TRAIL WITH SL AT BREAKEVEN 1.2972
SL : 1.3041
GBPUSD1! trade ideas
Tea Strength GBP Daily chart for GBP has strength over dollar I m looking to go long til dollar has strength over the pound
6B1! 0.382 fib retracement on the weekly - looking for a longAs the chart shows, pound futures have retraced 0.382 on the weeky chart. I am looking to see what price action will do here n the 4 hourly but would like to go long if the price can start to show some bullish momentum. Initial target would be the 1.3860 area
GBPUSD Short SetupI'm still bullish on weekly chart. Here's a short-term short setup to hedge my long position. Risk is low reward is huge.
Note there are 2 targets
The Fed & BOEUS berencana mengurangi tariff produk dari china menjadi $100B (berita positif) sehingga berdampak pada keputusan the Fed yang berpotensi kuat untuk menahan suku bunga saat ini (market sudah price in).
BOE menghadapai ketidakpastian brexit dan sudah mendekati ke keputusan untuk dovish(normal).
Dari kedua kondisi tersebut, short GBPUSD lebih potensial.
BRITISH POUND : "Can't take my eyes off you."There are so many improvements to this instrument that I paused even when I saw the long signal.
Everyone's waiting for what British Pound gonna do.
I drafted the analysis three times and erased it.
I'm looking at the channel I drew on the RSI.
And on the one hand, I follow developments.
My opinion is neutral , despite positive signals in line with mixed developments.
Regards.
GBP/USD - Possible Reversal TAGBP/USD Futes breaking downtrend channel with some conviction. Is a possible reversal in the works? Pattern is incomplete and meaningless unless it forms.
Pound Group - It's Time For Bulls?During this Tuesday trading session, the futures of British Pound soars 0.30%, advancing 0.12% this week. Follow with us what to expect from the coming sessions for this group.
GBP - Sitting at Key Support ZoneGBP is sitting on the edge of a cliff. A break below would expose new all time lows for the GBP.
Waiting to see if buyers to step in.
GBP/USD Futures. Still in uptrend?Perhaps this is not the best idea, but still. Right now I see uptrend and support near 1.3. However, 1.34 might be a strong resistance at this point. So I'm planning to buy @ 1.31-1.315, TP 1.335-1.34, SL below 1.3.
GBP should eventually see atleast 1.37 I think we grind in this region for a while more, and then finally rocket to atleast 1.37, potentially as far as 1.42. For now, I don't see a visit of the 1.5s on the cards. But time will tell if this evolves more bullishly than I expect
British pound analysis Good evening guys,
Ive just released 2 ideas POUND-related and now i'll explain why im bearish on gbp so far, this is a GBP FUTURE chart for the current month.
First of all, on the left chart im not using traditional candlestincks, im using the Point N' Figure chart, its a great chart for those who wanna avoid the "noise" of the market, very good on stocks as well.
We can see on these chart gbp is breaking a structure support so far and the upwave volumes are too low showing there is not too much demand for gbp.
On the middle dailychart we can see the ascending trendline and gbp is just testing it now, a breakdown will confirm bearish behaviour for gbp.
On the left chart we can see that gbp is lacking demand so far with low volume up-candles.
This is just a reflection on what we can see on the other trading ideas, gbp is bearish now.
Now the most important thing is, gbp is BEARISH NOW, what about tomorrow? tomorrow we can have some news about brexit or anything else on eurozone that can shake the market, cant we? =)
Thats why stop losses and proper money management on trades are a MUST.
When and if i have some good audience i'll create some educational posts explaining about my trading style and philosophy.
Enjoy? leave a like =]
This is just an educational post and not a trading signal.
