Gbphkd long outlook Views from the weekly chart looks like a potential move to the upside awaits for the next couple weeks. What do you guys think?
HKDGBP trade ideas
Forex Signal Alert: GBPHKD - BUYDear Traders,
We have identified a promising trading opportunity in the GBPHKD currency pair. Based on our analysis using the EASY Quantum Ai strategy, the following trade signal has been generated:
Direction: Buy
Enter Price: 10.2379
Take Profit: 10.2651
Stop Loss: 10.1861
Rationale Behind the Signal:
1. Technical Indicators: The GBPHKD has shown a strong upward trend supported by key technical indicators such as Moving Averages and RSI, confirming a Buy signal.
2. Market Sentiment: According to the sentiment analysis, the majority of market participants are bullish on the GBPHKD, further supporting our buy recommendation.
3. Economic Factors: Recent economic data from the UK suggests a stronger than expected performance, positively influencing the GBP. Additionally, stable economic conditions in Hong Kong provide a favorable trading environment for this pair.
Our strategy, EASY Quantum Ai, has analyzed historical data and current market trends to provide this forecast. We believe this trade setup offers a favorable risk-reward ratio.
Happy Trading!
Forex Analysis Team
Forex Trading Signal for GBPHKD Pair: BuyAttention traders! We have identified a lucrative opportunity for the GBPHKD currency pair. Here are the details for the upcoming trade based on our analysis using the powerful EASY Quantum Ai strategy.
Direction: Buy
Enter Price: 10.0865
Take Profit: 10.10913333
Stop Loss: 10.06853333
1. Technical Analysis: Our EASY Quantum Ai strategy has identified significant technical indicators pointing toward a bullish trend. These indicators include momentum shifts, moving average crossovers, and support level confirmations.
2. Economic Indicators: Recent economic data from the UK has been positive, with better-than-expected GDP growth and a strong labor market. On the other hand, the Hong Kong economy is facing uncertainty due to external factors, placing downward pressure on the HKD.
3. Market Sentiment: Analyzing current market sentiment using our proprietary algorithm, we see strong investor confidence in the GBP, prompting an increase in demand.
Follow these details closely and align your trading strategy accordingly. Remember to stay updated with any breaking news that could affect the currency pair and always adhere to your risk management practice.
Happy trading!
Note: Always consider risk tolerance and financial situation before entering any trade.
GBP/HKDHi every body nice conflunce of multiple trend lines and channel lines gives high long probability setup you can have it in your basket dont ignore these areas ........
(When storm is taking place search for peace shore )
Gooooood Luuuuuuuuck
GBPHKD | INVERSE H&S PATTERNGBPHKD on shorter timeframe is printing inverse head and shoulder pattern. The price is near the neck line of shoulders.
The break above will call for more bulls.
Trade your levels accordingly.
Perfect automated detection of Crab pattern - LongA Bullish-type big Crab pattern occurred.
Also on the daily chart, Bullish-type Crab pattern is occurring.
Long after seeing the rebound.
*Harmonic patterns is automatically detected using the indicators below.
- Harmonic auto-detect
Perfect automated detection of Butterfly pattern - LongA Bullish-type Butterfly pattern occurred.
Also on the daily chart, Bullish-type Butterfly pattern is occurring.
Long after seeing the rebound.
If the price drops to 9.162 without rebounding, a Bullish-type Deep Crab is likely to occur.
Even in that case, long after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
HKD GBP tight range downside This pair completed a Elliot wave , with a correction wave ending. The MACD indicator is currently giving a selling sign and The next few month is critical with a bearish downside bias to 9.5 support or lower. And then we will be able to see if a new impulse wave start to gain momentum
short-term breakdown of ascending channel, strong support @10.43Trying to identify a small Elliot Wave pattern within the ascending channel.
Possibility a buy waiting for more confluence support and Horizwaiting for more confluence not enough signals
couple of wicks
GBPHKD Weeklies View The market
GBPHKD mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
Learn forex then thought to does earn
Stay With me
Stay With trading
Stay With idea
GBPHKD Weeklies View The market GBPDKK mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
Learn forex then thought to does earn
Stay With me
Stay With trading
Stay With idea
Stay on trend
HKDGBP gaining massIts bears all around, HKDGBP not excluded. Zigzag forming now, in C Wave. Fibonacci extension gives me three goals in purple, and invalidation is in red as per usual. Remember, this is not financial advice - your decisions are your own.
Still bullish on GBPHKD.Technically, appearing to be more at the end of the roll here, but that's ok. I don't recommend you trade fifth waves, because of it's many morphologies, and therefore a certain unpredictable nature. I believe the FibGoals, extentions of the third wave, to be those in green. There are three of them, and just because there are three, does not mean all need to be reached. No, no - one is enough (or none - don't get greedy) and then I like to watch for pivots. Good luck - this is not financial advice.
Look on the lower timeframes for a potential reversalIt's not likely to break out that's for sure though.
GBPHKD Analysis - September 20, 2020GBPHKD Weekly Setup
Inside bar on the weekly for GBPHKD
Price is in a current downtrend
