Hey traders, in today's trading session, we are closely observing GBPCAD for a potential selling opportunity near the 1.68900 zone. GBPCAD has been following an upward trend, but it has recently experienced a breakout. It is currently undergoing a corrective phase and approaching the retrace area near the resistance zone of 1.68900. Trade safe, Joe.
GBPNZD - 24h expiry Previous support located at 2.0400. Previous resistance located at 2.0450. Price continues to trade within the triangle formation. A move through 2.0375 will confirm the bearish momentum. The formation has a measured move target of 2.0100. We look to Sell a break of 2.0390 (stop at 2.0460) Our profit targets will be 2.0220 and 2.0180...
GBPAUD - 24h expiry Previous support located at 1.8600. Previous resistance located at 1.8650. There is no clear indication that the downward move is coming to an end. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 1.8675 (stop at 1.8735) Our profit targets will...
GBPCHF is giving us a great sell trade soon around one of the historical areas also a new update on AUDUSD After it hit stop loss
Multiple time frame analysis on EURGBP. Price action & key levels. Directional bias & thoughts. ❤️Please, support my work with like, thank you!❤️
✅GBP_CHF price went up sharply But a strong resistance level of 1.143was hit So as a pullback is already happening And a move down towards the target of 1.136 shall follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Analysis: Looking at this pair we're able to see that price is making a move to the upside. This is confirmed when we take a closer look at price and we can see that price is forming a series of higher highs and higher lows which confirms our bullish thesis. Currently price is sat at a key level which has held as both support and resistance in the past so we...
Please, check our technical outlook for GBPCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.141. The above observations make me that the market will inevitably achieve 1.136 level. P.S We determine oversold/overbought condition with RSI...
Today's focus: GBPUSD Pattern – HH HL continuation Possible targets – 1.2683, 1.2980 Support – 1.2305, 1.2493 Resistance – 1.2640, 1.2660 Today’s focus is on the GBPUSD after buyers made another strong move higher on Wednesday. That move continues the series of HLs and HHs this is a good thing to see in the current short-term uptrend. As discussed in today’s...
My dear friends , My technical analysis for GBP/CHF is below: The market is trading on 1.14005 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Goal - 1.13664 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
Hello,Traders! GBP-CHF will soon hit A horizontal resistance Level of 1.142 so despite My bullish bias we will Be expecting a local Bearish correction But keep in mind that This setup is risky Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Pair Name : GBP/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
Hey Traders, our focus lies on GBPCHF as we closely observe it for a potential buying opportunity within the 1.13800 zone. GBPCHF is currently experiencing a downtrend but is showing signs of attempting to break out of this trend. If we witness upward movements surpassing the resistance level at 1.13800, we will be actively seeking a retracement of the trend,...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86100 zone, EURGBP is trading in a downtrend and currently is in a downtrend in which it is approaching the major trend at 0.86100 resistance zone. Trade safe, Joe.
The GBP/CAD pair is currently experiencing a pullback phase following a notable reversal at the 50% and 61.8% Fibonacci levels. This retracement suggests a temporary correction in the price movement. However, there is potential for a new bullish impulse to emerge, which could propel the price towards the 1.6900 level. If this bullish momentum continues, the pair...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for GBPCHF . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Analysis: Price was in this beautiful downwards trend until recently where we saw a break of that trend. Price managed to break with a strong daily candle signalling to us that there could be a possible change in the trend direction. Price has now pulled back to a key level which has held multiple times as support and as resistance so we expect that it will hold...
SLO2 @ 1.2650 ⏳ SLO1 @ 1.2615 ⏳ TP1 @ 1.2600 (closing) BSO @ 1.2550 ⏳ BLO @ 1.2525 ⏳