After an impressive rally for the pound for the past 10 days , immediately after the parliament vote on the Brexit deal, the pair has reached some key levels. It is currently trading at 1.310493 right at resistance level. Currently the pair is overbought according to the MACD and RSI indicator. I expect the pair to have a pull back from this level and get close to...
Let’s talk about GBPUSD. The market reached a very important resistance zone formed by 1300.00 level and the downtrend line. We can see that the price bounced from this resistance. A strong bearish candle confirms a price reversal. The same goes about RSI and MACD histogram. DMI shows that bulls are not strong now and they can’t push the market above the...
SHORT with high conviction (- - -) Entry: At market SL: 1.2915 TP: 1.265 Indicators shows room for further downside along with a good risk reward! Follow the arrow. Have a great week everyone.
The Pound looks like it could move higher off the current Super Pivot Stack support. What makes this convincing is it appears to be a key reversal off the Hammer candle with the rally through all pivots, particularly the Monthly Pivot. Go long, only on strength, if the price breaks out at 1.28020 and place a stop loss at 1.26140 and a profit target at 1.31610
As you can see GBPUSD is forming a reversal pattern trand. It can possibly mean a bearish trand for the crossed currencies.
If GBPUSD breaks above the 1.2800 resistance, could see prices climb further towards 1.2900 However, consideration must be given to further developments in the Brexit agreement and the Trump speech
Buena oportunidad para ingresar en 1.27, TP2 a 61.8 de retroceso del FIBO. Entrada en 1.27
Hey traders ! Based on this analysis , right Now should be good time to Buy GBP/USD. Why ? Accumulation of : - Breakout & Retest of bearish channel (in black) - Fib/Support zone / standard deviation confluance - Bullish channel retest - Ema crossover confirm the new trend - Mini H&S Good luck Traders ! :)
rejection of houtly zone in confluence with fib retracement tool 0.382 and engulfing at the 1h.
Very very choppy trade, 1;20 risk reward, swing your freedom thank me later.
Price have rise couple of days, and this pair is seen to be rejected around supply zone. With divergence on it. We are have a short bias on this.
We saw a nice false break to the downside this week! Looks like GBP is gaining some bullish momentum going into Q4! This is my take on the next could of weeks for GU
By using basic chart patterns, this is our prediction for GBP/USD for the following week.
Respect the trendline, as also Fibonacci level, aiming for -27 and -61.8 Fibonacci.
BIGTREND IS CHANGING TO BULLISH, but still need some pullback first. Looking for nearest trendline.
after several consolidation on daily timeframe, GBPJPY finally enter downside channel again.
Multiple Charts - Signal Stream Review 09/14/18 September is shaping up to be a very excellent month for Signal Stream traders. Pairs have made solid directional moves, and our signals been going with the flow. Signal Stream is a subscription signal providing indicator developed exclusively for TradingView. Every signal is clear and actionable. Red arrow...