Technical Overview: - GBP/USD Check our analysis from previous week Price is seeking liquidity and a lot of it stands above current resistance. We have entered long positions last week targeting this imaginary line. Our long term analysis remains bullish however, currently DXY is in a very uneven state, we do anticipate more downside before any major moves to the...
Remember : This chart is just an idea, not financial advice.
Hello traders and analysts. Key: Purple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour See our update to the tracking of our position on GJ The original idea is here for 2021: Where are we and why are we there? Fundamentals at play With the successful Brexit transition and recovery from the Risk-off scenario from Brexit, the commodity...
Short term short opportunities on this pair. Set your pending orders anticipating short moves to the downside. Happy Trading!
Coming to a key area. We are now at Feb 2020 prices, pre Covid pricing. Has the pound really recovered to pre Covid levels? Here's the outlook, clear technicals. Bullish structure, HH's and HL's within the Ascending Channel. Looking for a pullback before, probably a further push through that resistance.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
gbpjpy 4hr chart - February 2021 February 2021 analysis - short is the aim looking for three positions and immediate movement to the downside and retest previous movements. speculative prediction, using previous high and lows to force the price in a downward movement. Consistent movement within the tp3 channel. tp1 tp2 tp3 Good luck
Waiting for GU to break the range either to the upside or downside, based on my GJ analysis I am buy bias on the pound.
Price could break through the first key level before pushing back up, ideally id like to see multiple wick rejections at the key level on lower time frames before entering a buy.
GBPYJPY Short opportunity at the Daily TimeFrame I could see Uptrend but for continuation of it, it needs to go down till 140.300 atleast IMO.
Going with the idea that GBP may be priced in and that AUDUSD is showing some strength, I'd expect GBPAUD to weaken. Slowly, people around the world are getting vaccinated and getting things back to to normal. AUD should be ramping up exports to China further strengthening while US is deflationary.
GBPUSD on the 4h chart is making inside bar, an inside bar on the 4h chart basically represents a 1h consolidation, so you look for price to break the previous candles high and you place your stop beneath the inside bars low. these offer great risk reward and usually fast impulsive trades, so fingers crossed
Following the previous GBPAUD analysis, we have seen a breakout. The double bottom indicated that there may be a trend reversal which we have now seen. Wait for price to correct back to the area marked and gain an entry on the retest. If you like the charts, give it a thumbs up! Trade Safe.
Following the previous GBPAUD analysis, we have seen a breakout. The double bottom indicated that there may be a trend reversal which we have now seen. Wait for price to correct back to the area marked and gain an entry on the retest. If you like the charts, give it a thumbs up! Trade Safe.
Further to our analysis yesterday of GBP/JPY we are due to see a fall on the pair. Price yesterday was bullish therefore we didn't send the signal out to the group as there was not enough confirmation to see any bearish movement due to the british pound being so strong. A day later and we believe we are ready to see that British pound drop to as low as 144.300...
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