#GBPUSD day Plan Short context on all timeframes, with the scenario canceled in case the price consolidates above 1.25558.
Price is falling towards an overlap support level and could potentially bounce from this level to our take profit Entry: 1.25057 Why we like it: There is an overlap support level, that aligns with the 61.8% Fibonacci projection Stop loss: 1.24503 Why we like it: There is a pullback support level Take profit: 1.25825 Why we like it: There is a pullback...
GBPJPY is trading inside a Bullish Megaphone. Every time the 1day MA50 broke downwards, the pattern gave a sell signal with the minimum decline on the Bearish Wave being -4.17%. If the price does break under the 1day MA50, sell and target 185.500. The 1day RSI is already on a Bearish Divergence. Previous chart: Follow us, like the idea and leave a...
Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.71200 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.71200 support and resistance area. Trade safe, Joe.
💵Pair Name GBP/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Break 1.13500 Area Reasons - Major Turn level - Choch area - Ultra Volume - Trend Break Bullish Reversal 1.12000
Amidst early week volatility, GBP/USD initially tested 1.2650 before reversing course and closing positively on Monday. However, recent movement has brought the pair into a supply area, hinting at a possible reversal and continuation of its bearish trajectory. In the upcoming economic calendar, focus shifts to the release of Durable Goods Orders for February in...
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 Recently price entered a falling channel, where it soon declined to $1.2800 resistance level and broke it. After this, GBP tried to back up, but when it entered to resistance area, price at once bounced and continued to decline in channel. Soon, price reached...
Here is our detailed technical review for GBPCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.137. Considering the today's price action, probabilities will be high to see a movement to 1.141. P.S The term oversold refers to a condition where an asset...
GBPUSD Buyers Eyeing Opportunity : The GBP/USD pair on the H4 timeframe presents a potentially bullish opportunity due to a price nearing a breakout from a well-defined channel pattern. This suggests a possible shift in momentum and a higher likelihood of an uptrend in the coming days. Key Points: Buy Entry: Consider entering a long position (buying)...
Hey Traders, Check out this technical analysis on GBPJPY; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation. However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry. Alternatively, there may be an opportunity for a sell trade if the market breaches the...
Hey Traders, Check out this technical analysis on GBPUSD; it appears to be undergoing a small range pullback, potentially indicating a bullish momentum continuation. However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry. Alternatively, there may be an opportunity for a sell trade if the market...
GU giving us another pretty simple view on price here, bearish across the board which is telling us 2 things, a new low is likely to be created soon or we will pullback before we put in this new low! so it gives us 2 ideas of what we want to see, firstly we sell off from the BOS on the hourly timeframe and we put in a new low before we have any kind of bullish PA...
GBP-CHF was trading along The rising support line but Now we are seeing a bearish Breakout so I will be expecting A bearish move down after The local rebound !
Hey Traders, in tomorrow's trading session we are monitoring GBPUSD for a selling opportunity around 1.26450 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26450 resistance area. Trade safe, Joe.
Tradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watch out for the pair to go long, extended pair, but structurally still for me to go on long unless something changes Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and...
Hello traders, I want share with you my opinion about British Pound. If we look at the chart, we can see how the price some days ago it rebounded down from the 0.8575 resistance level and broke it, after which the price started to trades in the range, where it declined to the 0.8530 support level, which coincided with the buyer area. Then GBP bounced from this...
✅GBP_CHF is trading in an uptrend With the pair set to retest The rising support line From where I think the growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅