the GBPUSD price is on fibonacci support 🔥 i predict a bullish move 🚀 🧐 waiting for a RETEST🔥
Looking for continuation bullish with possible retracements first down to the 50% , 62% Fibonacci levels , demand and QP levels as confluence. The pound is extremely strong as of now and has been for the past few weeks. We have strong fundamentals this week on both the British Pound and the Australian Dollar such as RBA Interest Rate, RBA Chart Pack, and BoE...
GBP/USD found support around the 161.8% Fibonacci extension -- a common target -- after a Head and Shoulders breakdown. Prices look primed to fall further after forming a Bear Flag pattern. A break below flag support would likely invite further weakness. A drop to the H&S's 261.8% Fib extension would put prices back at December levels.
GBPUSD - BREAK OF STRUCTURE 📉 BEARISH MOVE🎯 1️⃣.trade carefully and have stop loss for sure 2️⃣.trade only when the market is clearly bullish or bearish 3️⃣.without discipline every strategy is useless 4️⃣.your best teacher is your last mistake
Great British Pounds is now pulling back after the initial bullish run to 1.37488. Will the support holds at 1.35000 or further decline to 1.32400 is anticipated? N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
GBPJPY has extended lower after being rejected at familiar resistance clustered around the 158.00 figure. Slipping below support centered on the 156.00 mark may have set the stage for an decline toward the 154.17-64 area. A test below the 153.00 handle may follow thereafter if a breach of support is confirmed on a daily closing basis.
Price has broken an important resistance area. I am now waiting for a corrective structure on a lower timeframe as confirmation of further upside before I enter.
GBPJPY Bearish harmonic cypher pattern GBPJPY made a bearsih cypher pattern and it will go to 152.70
1️⃣.trade carefully and have stop loss for sure 2️⃣.trade only when the market is clearly bullish or bearish 3️⃣.without discipline every strategy is useless 4️⃣.your best teacher is your last mistake
Clean descending channel pattern, 1.32000 next target on the line. A clean break to the upside will lead us to 1.38000 and higher. Daily timeframes create strong lines of resistance and support.
US Dollar firms near 16-month highs. GBPUSD is under pressure at five-week highs. USDCAD pulls back on Omicron easing fears. GBPUSD technicals The British pound has been one of the best performing majors amid the dollar strength across the board. The GBPUSD pair has since bottomed out, powering to five-week highs amid renewed bidding on the GBP. ...
Hey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 151.4 zone. Once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
still consolidating i was up about 80pips when market open, thought a full breakout was going to happen, instead gbpjpy drops back down to entry area. place another position 10pips from initial entry nothing has changed still holding!!
GBPJPY in a range between 153.00 -155.00 and bouncing off the local support And it can be inferred from the chart, that the price has nicely bounced off the level of major support. Experts on focus and looking forward for long movement and aiming for the area indicated on the chart which aligns with 61.8% Fibonacci level. It looks like the price is losing the...
British Pound Price continue trading in descending channel . GBP pulled back from upside of channel few days ago. From the upper channel trendline it was good moment to sell. The short position continuation can take next good level (1.31000) as a target. GBPUSD made the first drop of 700-1000 pips last week. The support 1.3100 is strong and could retreat and...
There will be a rebound from the lower border of the descending channel to the middle line of the same channel. Added explanations for one trading situation, study it.
Hey Traders, in the coming week we are monitoring GBPUSD for a buying opportunity around 1.33 zone respecting the support line of the descending channel in combination with weekly demand zone. once we will receive any bullish confirmation the trade will be executed. Remember to use proper risk management, because in swing trading the movements are more violent...
We are nearing the end of the correction wave. The price can rise to the level of 1.97144, but the main trend is falling. Look for sell deals as long as the price is below this level. What do you think?