gbpusdwavecount

theforexarmy theforexarmy PRO GBPUSD, 60, Long ,
GBPUSD: GBPUSD profit target reached once again, remain bullish
68 0 5
GBPUSD, 60 Long
GBPUSD profit target reached once again, remain bullish

Buy above 1.2510. Stop loss at 1.2421. Take profit at 1.2651. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly as expected. We now remain bullish above 1.2510 support (Fibonacci retracement, horizontal pullback support) for a further push up to 1.2651 resistance (major Fibonacci extension). RSI (34) has made ...

theforexarmy theforexarmy PRO GBPUSD, 60, Short ,
GBPUSD: GBPUSD right on resistance again, remain bearish
105 0 7
GBPUSD, 60 Short
GBPUSD right on resistance again, remain bearish

Sell below 1.2546. Stop loss at 1.2632. Take profit at 1.2356. Reason for the trading strategy (technically): We remain bearish below 1.2546 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to 1.2356 support (Fibonacci retracement, Fibonacci projection, swing low support) especially with price making a bearish exit. RSI ...

theforexarmy theforexarmy PRO GBPUSD, 60, Long ,
GBPUSD: GBPUSD reached profit target, turn bearish
76 0 4
GBPUSD, 60 Long
GBPUSD reached profit target, turn bearish

Sell below 1.2546. Stop loss at 1.2632. Take profit at 1.2356. Reason for the trading strategy (technically): Price has bounced and reached our profit target from yesterday. We turn bearish below 1.2546 resistance (Fibonacci retracement horizontal overlap resistance) for a push down to 1.2356 support (Fibonacci retracement, Fibonacci projection, swing low ...

mazchaudhry mazchaudhry GBPUSD, 120, Short ,
GBPUSD: GBP USD Short
61 0 3
GBPUSD, 120 Short
GBP USD Short

Gbp Usd is short till 1.1950 level Forming C Wave downwards in 12345 division of C wave Clearly visible on chart and it following it . Today sure it will cover its GAP in 4th wave 5th will be final downward move . Ride the short trend after the Gap is Filled . Get your trades short till 1.19500 area I will long on this area after completion of main C ...

mazchaudhry mazchaudhry GBPUSD, 240, Long ,
GBPUSD: GBP USD Wave count
123 1 9
GBPUSD, 240 Long
GBP USD Wave count

Wave 4 in Progress = ABC Division ABC of wave 4 as follows ::: A is complete in 12345 B is in Progress ABC ( in Blue ) will be complete at 1.1960 C will be Long in 12345 to Complete wave 4 at 1.2960 ( Expected ) So Lets consider Long Right from 1.19600 till 1.29600 Regards Elliot Wave By mazchaudhry Trade at your own risk

eee_traders eee_traders GBPUSD, 120, Long ,
GBPUSD: GBPUSD Trading Forecast for July 13, 2016
67 0 3
GBPUSD, 120 Long
GBPUSD Trading Forecast for July 13, 2016

As we stated in our last week's analysis, cable may rise up once more reaching 1.39-1.41 levels before downtrend resumes.

fxmillions fxmillions GBPUSD, 240, Short ,
GBPUSD: ZigZag is complete. What next?
118 0 10
GBPUSD, 240 Short
ZigZag is complete. What next?

What type of a correction is in progress? Too early to conclude. But there is high probability for an impulse wave down to reach the bottom of the corrective structure. Then I am rooting for the correction to continue further. If price reaches this bottom structure, we will know by then if price wants to break out to the down side or turn back up for an ...

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