6B British Pound Daily Chart - Wave 5 LongUsing Elliott wave on multiple timeframes from 4 hour to a Daily Chart, I have isolated the wave count. The British pound has finished it’s Wave 4 pullback and setup for a LONG
GU1! trade ideas
SHORT 6B1! BETWEEN 1.3095-1.310003.02.2020
6B1!
SHORT 6B1! BETWEEN 1.3095-1.3100
CMP : 1.3079
INTRADAY TARGETS
T1 : 1.3070
T2 : TRAIL WITH SL AT BREAKEVEN
SL : 1.3113
LONG 6B1! BETWEEN 1.3125-1.313231.01.2020
6B1!
LONG 6B1! BETWEEN 1.3125-1.3132
CMP : 1.3141
INTRADAY TARGETS
T1 : 1.3155
T2 : TRAIL WITH SL AT BREAKEVEN 1.3175
SL : 1.3110
SHORT 6B1! BETWEEN 1.3060-1.306529.01.2020
6B1!
SHORT 6B1! BETWEEN 1.3060-1.3065
CMP : 1.303
INTRADAY TARGETS
T1 : 1.3036
T2 : TRAIL WITH SL AT BREAKEVEN 1.3010
SL : 1.3080
BUY 6B1! BETWEEN 1.3127-1.313523.01.2020
6B1!
BUY 6B1! BETWEEN 1.3127-1.3135 (45 MINS)
CMP : 1.3144
INTRADAY TARGETS
T1 : 1.3155
T2 : TRAIL WITH SL AT BREAKEVEN 1.3169
SL : 1.3112
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
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.
