GBPNOKI am expecting GBPNOK to make a bearish move down to 13.27868 which is our initial take profit.
GBPNOK - Bullish DivegenceTechnically the trend is bearish and a bearish flag might cross your eyes which is a bearish continuation pattern, but the divergence is wide enough to take over the trend. Sentimentally, the pair is expected to break its LH and move sideways and eventually in the upward direction. If it breaks move
Unveiling Potential: Analyzing GBP/NOK Trade Opportunity
Here's a suggested description for the trade on GBP/NOK for TradingView:
Trade Analysis: GBP/NOK
Symbol: GBP/NOK
Entry Point: 13.30491
Tak Profit: 13.40941
Trade Summary:
The GBP/NOK pair presents an intriguing opportunity with a expected entry point again at 13.30491.The maximum value project
GBPNOK to retrace to 12.86 once more?I believe GBPNOK may retrace to 12.86 once more after getting close to important 2020 support/now resistance.
Possible retrace to 12.80 KronesLooking upwards, GBPNOK may start a downtrend to test the 12.80 area again.
Weekend ahead, spread and overnight gap might be dungerous here
gbp/NOKwe are above weekly and monthly levels! we can repeat the highlight of the year again! let's see if we can break through! long term trading
GBPNOK - Support at 50 SMAPrevious support found at the 50 Moving Average and is indicating a possible Swing up.
Be prepared for a retest and failure and a continuation of recent down move to find next support level
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of NOKGBP is 0.072048 GBP — it has increased by 0.38% in the past 24 hours. See more of NOKGBP rate dynamics on the detailed chart.
The value of the NOKGBP pair is quoted as 1 NOK per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 NOK.
The term volatility describes the risk related to the changes in an asset's value. NOKGBP has the volatility rating of 0.74%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NOKGBP showed a 1.67% rise over the past week, the month change is a 2.07% rise, and over the last year it has decreased by −2.71%. Track live rate changes on the NOKGBP chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade NOKGBP right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with NOKGBP technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NOKGBP shows the neutral signal, and 1 month rating is sell. See more of NOKGBP technicals for a more comprehensive analysis.