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...
Welcome back Traders, Investors and Community! Analysis of #EURGBP If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bullish Harmonic pattern Butterfly+Shark - We will be...
GBPJPY Sell area now live, great lvl for reverse
Weekly high and ADR above current price, looking for impulsive move into these highs, should be a lot of liquidity stored here so if caught correctly could get some nice R
Good morning traders, today we bring you our long-term analysis on the GBP/JPY pair. 🔸After bouncing off the Support Zone, the price started a strong bullish move. 🔸Since then, the movement has been very clean in that direction, with small corrections. 🔸It broke the Descending Trendline and the Resistance zone. 🔸The most interesting resistance is around...
After yesterdays Bank of England announcements all GBP pairs have spiked upwards. I would expect a retrace on this soon before generally continuing upwards. I am bullish on GBP in the long term but there should be some short term shorting opportunities coming. This is also at a big monthly and daily resistance level which should make a drop more likely, and at the...
GBPNOK on the 4 h chart After breaking the minor descending channel, broke above the resistance and currently retesting it. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure ->...
GBPUSD - Momentum is in favour of buyers & as per the trend analysis, indicators it's a good buy. My approach will be a buy here at current price 1.36850 Maintain stop loss around 1.36400 Potential upside 1.37500 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top most...
EURGBP could pull back to trendline, more upside !
Confluences: - Strong support and resistance zone forming - Smaller timeframes showing some wick rejection at the resistance zone - Remember the TREND is your FRIEND until it ENDS!