FX:GBPJPY is testing trend support, but buyers are keeping the price away from risk zones. The currency pair is returning to the bullish zone relative to 193.5, which generally opens up the market to 195.0-197.0 upside potential On W1, the currency pair after a false breakdown of global resistance is moving back to 195.844, which generally tells us about the...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. I am bearish on the pairs, more downside should be there. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and...
Targeting new ATHs for gold in next few weeks. Two failed attempts to break and hold outside the orderblock. Third break and retest I want to be entered in longs, 1:3RR 1%R, will swing this trade until target is reached. Plenty news this week with USD. Will be interesting to see what develops. I believe gold wants to climb higher.
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
The Pound Sterling's recovery has encountered a standstill amidst robust speculation regarding early rate cuts by the Bank of England (BoE). Concurrently, the GBP/CAD pair, after establishing a bottom within its channel around 1.68880, initiated a pronounced bullish surge, propelled by a convergence of technical and seasonal indicators. Technically, the price...
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...
A BOLD prediction --- possibly to some people But I stand by this chart as a roadmap where I see #UK equities outperforming against the cash cow that has been UK #Housing The how's and what's and why's are unimportant But the key thing is for younger people struggling to get into UK housing Investing in #Stocks #Technology Innovation #AI and #crypto will...
I checked GBP tri-monthly chart which is not usually posted here -- and the pair is already telling us something on the direction it wants to go at broader long term spectrum. On the tri monthly data, GBP has started shifting its trend --- bouncing off it perfectly on a 38-year long standing very solid support. The pair's last visit to this price range was on...
The GBP/CAD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This breakout suggests a shift in momentum towards the upside and a higher likelihood of further price gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying GBP/CAD)...
The Cable (GBP/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 1.2537 1st Support: 1.2502 1st Resistance: 1.2564 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
just waiting for GU to break it on down. We are now coming to a area of resistance. if it can hold i am expecting it to drop from here and i can get a nice scalp to close out the week.
the GBP/AUD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 1.9000 or lower if the price continues to decline. Target...
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price made an impulse up inside the downward wedge from the support line to the resistance line, breaking the resistance level, which coincided with the seller zone. But later EURGBP turned around and in a short time declined to the support level, which...
Right now, GBP/USD FX:GBPUSD is facing the BOE interest rate descision. current momentum is bearish and the price has broken a trend line. We believe the price move bearish until 1.24000. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for...
GBP/JPY is rising towards the pivot, which has been identified as a pullback resistance, and could reverse to the 1st support. Pivot: 195.45 1st Support: 191.71 1st Resistance: 197.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Hi friends, I hope everyone is doing well. In this video I share my analysis and bias with GBPUSD, I show you how I come up with this analysis, and I advocate additional confluences in your analysis as well as demonstrate what I mean. But please note, I am using ICT Concepts. If you aren't familiar, then it wouldn't make sense to you. However, you will probably...
Trading Setup: A Trading Signal is seen in the GBPUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.2567 ⭕️SL@ 1.2586 🔵TP1@ 1.2496 🔵TP2@ 1.2456 🔵TP3@ 1.2336 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading...
GBPNZD has been ranging and currently stands along a strong support area with a Bullish Divergence on 1HR and 4HR TF. Buystops can be placed with the BOE interest rating news incoming. Sentiments currently are 87% long.