Hello Traders ! On the daily time frame, The GBPUSD failed to break the resistance level (1.28570 - 1.28940) Currently, The price is trading in support level (1.26756 - 1.27015). Let's expect the bearish scenario: If the price breaks and closes below the support level, We will see a huge bearish move📉 ------------- TARGET: 1.25026🎯
Hi Traders ! Wednesday 5 June, The GBPCAD Reached a strong resistance level (1.76267 - 1.75382). Presently, The Price Broke the support level (1.74484 - 1.74776). The support level becomes a new resistance level ! So, I Expect a bearish move 📉 -------------- TARGET: 1.73670🎯
GBPUSD bullish until triangle's cuspid It's a long term analysis. Can take months Re-entry or TP 1 at 50-61.8% TP 2 at 100%
The GBPNZD pair recently made a Bearish Break-out as it broke below the Channel Up and the 1D MA200 (orange trend-line), introducing a new Channel Down pattern. On Monday we saw the latest rejection on the 1D MA50 (blue trend-line), which has been holding as Resistance since May 03. As long as it holds, we expect the new Bearish Leg to start. The previous one...
My Dear Robbers / Traders, This is our master plan to Heist GBPCHF based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 target in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought & Oversold / Consolidation / Trend Reversal at the level Bearish Robbers /...
Hi Traders ! The GBPUSD FAILED TO BREAK THE RESISTANCE LEVEL (1.27850 - 1.28035). The price formed a triple top pattern. The neckline is broken ! So, I predict a bearish move📉 ---------------- TARGET: 1.27015🎯
The GBPAUD pair eventually hit our 1.9000 Target after our latest sell signal on April 04 (see chart below): The price is now consolidating around the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) cluster, imitating the late October 2023 consolidation. As long as it stays below the Lower Highs Zone, is will initiate in our opinion the periodic...
Gbpusd looking for buy trend continuation in 4H chart stay safe 🙏 Longterm short-term all seems to be buy track
GBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
Hi friend. Lets look at GBP chart window. We have upward channel with clear bulls accumulation zone "1" and also powerful (in volume mean) correction to 1.268 (big purchases there). Support levels 1.2727-1.2731 (x-lines 1H levels). Bulls target - 1.2788. Transit level 1.2747 (there can be correction). Follow me;)
The GBPJPY pair gave us a solid short-term buy signal last time we looked into it (April 16, see chart below) and easily hit our Target: The prevailing Channel Up has a clear sell signal on its top, which the price is approaching on the current Bullish Leg since the rebound on the 1D MA50 (blue trend-line). The 1D MACD sequence is the same as the first...
GBPJPY is almost overbought on its 1D technical outlook (RSI = 69.343, MACD = 1.720, ADX = 59.150) and is extending the bullish wave inside the 16 month Channel Up. The overbought technicals shouldn't be a factor for a bearish reversal as long as the 1D MA50 continues to support. We are confident with buying, aiming at the top of the Channel Up (TP = 208.000). ...
The GBPUSD pair is approaching the top (Lower Highs trend-line) of the long-term Triangle pattern, having also broken at the same time above the 0.618 Fibonacci. This is around the levels the pair started its previous topping process that led to the eventually Lower High of March 08 2024. We will take the sell when the 1D MACD forms a Bearish Cross and we will...
Hello traders, I want share with you my opinion about British Pound. By observing the chart, we can see that the price a not long time ago started to trades inside a downward wedge, where it rebounded from the support line and rose to the resistance line, coinciding with the resistance level with the seller zone. After this move, GBP turned around and in a short...
GBPUSD is practically neutral on its 1D technical outlook (RSI = 56.00, MACD = -0.001, ADX = 28.566) and testing the 1D MA50 for the 2nd time since May 3rd. Last time it got rejected emphatically and being exactly on the LH trendline, there is very low risk in selling on the current market price. The target is a little over the S2 level (TP = 1.2220). ## If you...
Hello Traders ! On Friday 3 May, The GBPJPY Reached a Strong Support Level (191.370 - 189.994) Currently, The Lower High is Broken (Change of Character). So, I Expect a Bullish Move📈 ------------- TARGET: 197.040🎯
The EURGBP pair easily hit our 0.5 Fibonacci Target following the symmetrical Double Bottom rebound, as mentioned on our last call (March 20, see chart below): We now switch to the lower 4H time-frame as a strong sell signal emerged. The 4H RSI got rejected inside its 1-month Sell Zone and the pair that is trading within a Bullish Megaphone already reached...
Hi folks today I'm prepared for you British Pound analytics. A few moments ago price declined to the resistance level, which coincided with the resistance zone, and soon broke it, after which continued to fall to the support level. GBP some time traded near this level, which coincided with the support zone and soon broke it too, after which declined to the trend...