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JJForexAcademy

The pair is within a bullish flag and is currently testing the resistance of the flag. The last candle pattern on the pair seems to be a three line strike, if the pattern follows through we may see the pair rally towards the next resistance zone then attempt to break back into the wedge with the aim of testing its resistance. If the patterns fails we could see the...

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A week of deception was brought by this pair and it looks to have created a declining channel with it. Possible outlook would be that a break above the channel could rally the pair to break the resistance of the ascending channel and enter within the resistance zone. Whereas a break below could see it head towards the support of the ascending channel. If you...

JJForexAcademy

The pair can be seen within a rising wedge and seems to be within the resistance zone of a key level. A break above this level could indicate a further buy whereas a rejection could be the initiation of a downtrend. We'd need to monitor the pair closely for accurate predictions. If you liked this price outlook make sure to give us a thumbs up, leave us a comment...

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1W Analysis As expected the pair headed to re-test the 1W resistance along with its resistance zone but failed to break either of them. If the pair were to follow suit from our previous analysis we could see the pair break both resistance zone and resistance of the 1W descending triangle then head towards the next resistance zone. 1D Analysis The pair closed...

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1W Analysis The pair made an upwards move into the resistance zone identified last week before getting rejected and closing as what seems to be a shooting star candle. If the pair fails to gain momentum to re-test the zone we might see it fall towards the support zone identified last week. However a break above the resistance zone would see the pair rally...

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1W Analysis The pair closed its previous candle below the 1W trend line support and seems to be testing the 1W support zone. A break below the support zone could indicate a further sell towards the next zone. A break above the trend line support turned resistance could see the price rally towards the 1W support turned resistance zone. 1D Analysis The pair...

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GBPUSD closed its previous 4H with a bearish spinning top and seems to be getting rejected by the ascending channel. Recommended Trade Sell Entry: 1.31600 TP 1: 1.31000 TP 2: 1.30600 SL: 1.32050 Full Analysis Conclusion If you liked this signal make sure to give us a thumbs up, leave us a comment and make sure to follow us for future signals 👍❤

JJForexAcademy

1W Analysis The pair recently broke back into the symmetrical triangle and seems to be testing its support. A break below the support could see a further decline in the pair. If the pair fails to break the support we may see it break the symmetrical triangle resistance and head towards the trend line support turned resistance. 1D Analysis The pair recently...

JJForexAcademy

The pair can be seen inside an ascending parallel channel and seems to be testing its support on the 1W timeframe. The last candle seems to have closed as an inverted hammer. 1W Analysis The pair is currently testing the support of its ascending channel and last closed as an inverted hammer. Besides the ascending channel the pair can be seen within the...

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What a busy week for GBPUSD. The pair managed to successfully bounce off the 1D descending channel, bullish flag, and entered within the 1D disjoint channel resistance from our previous analysis and seems to be heading towards its resistance. You may check our previous analysis by clicking the related idea below. 1W Analysis The pair seems to have bounced off...

JJForexAcademy Updated 

The pair seems to have broken the 4H descending channel and re-tested the structure with its previous close. We can expect the buy to continue towards the support turned resistance of the 4H symmetrical triangle. Suggested Trades Buy Entry: 136.000 TP 1: 137.000 (support turned resistance level of symmetrical triangle) TP 2: 137.900 (high of symmetrical...

JJForexAcademy

The pair headed to re-test the support turned resistance of the 4H symmetrical triangle before being rejected and falling within the support zone along with testing the trend line support. If the pair fails to break both support then we may see the pair head back up towards it last high and attempt to push beyond it. If the pair however breaks both support then we...

JJForexAcademy

GBPJPY recently broke out of its rising wedge pattern on the 1W timeframe and seems to have successfully re-tested the structure. 1W Analysis Overall the pair can be seen within a descending triangle and can be seen around its resistance. Within the descending triangle there is also a rising wedge structure that the pair recently broke out of. The pair seems...

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XAUUSD, Gold, recently tested its support zone on the 1D timeframe. It seems to have been rejected by rejected though. 1D Analysis The Friday candle closed as a bullish candle after testing the support zone with the previous days candle. The pair can be seen inside a descending parallel channel, bullish flag. Within that bullish flag the pair was also within a...

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GBPUSD recently broke out of its 1D descending parallel channel, which seems to be a bullish flag, it then re-tested the channel thrice with the last 1D candle closing as a bullish spinning top. 1D Analysis The Friday candle closed as a bullish spinning top after its retest of the 1D descending parallel channel, this could be a possible indication for a...

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GBP/USD has successfully retested its previous support turned resistance zone and seems to be continuing with its sell. We can expect a sell towards 1.28000 level. Watch the pair carefully and look for an entry 🎯🎯🎯 Make sure to hit that 👍 button if you like what you see and as usual leave a comment on the analysis or how you'd like us to improve on presenting...

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GBP/USD has broken its lower channel and seems to be completing its retest, if successfully rejected after the retest, a sell continuation is to follow to the 1.28700 level. Watch the pair carefully and look for an entry 🎯🎯🎯 Make sure to hit that 👍 button if you like what you see and as usual leave a comment on the analysis or how you'd like us to improve on...

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Update on our analysis