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Most commonly referred to as the “pound” the pound sterling is the official currency United Kingdom, Wales, Scotland and Northern Ireland. Along with the United States Dollar, the Euro and the Japanese Yen it makes up the basket of currencies and is the third most held reserve currency in global reserves. The central bank for the pound sterling is the Bank of England and it is the fourth most trades currency on the foreign exchange market.
Tickmill Tickmill GBPAUD, 120, Long ,
127 0 4
GBPAUD, 120 Long
GBPAUD approaching support, potential bounce!

GBPAUD is approaching our first support at 1.7706 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 1.8242 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement). A breakout above our intermediate ...

WJMITCHFX WJMITCHFX GBPAUD, 1D, Short ,
69 2 1
GBPAUD, 1D Short
GBP/AUD PATIENCE !

Sill holding this short trade . Sometimes the market takes weeks / months for your positions to play out. So plant your trade and detach from the market as mush as possible . Take away all emotion and don't chase your trades/market .... PATIENCE !!!

FxWirePro FxWirePro GBPCHF, 1D, Long ,
79 0 3
GBPCHF, 1D Long
GBP/CHF - stay long on breakout at 1.3265

GBP/CHF upside remains capped at major trendline resistance at 1.3265. Break above could take the pair higher. Price action has broken above 200-DMA at 1.3231, but is struggling to extend gains above. Technical indicators are bullish on the daily chart. Momentum bullish, RSI above 50. Breakout at major trendline resistance at 1.3265 could see test of 38.2% Fib at ...

fondiea fondiea EURGBP, 240, Long ,
28 0 3
EURGBP, 240 Long
YPP does not work, does MPP work?

eurgbp has been keeping a narrow range since May. As you can see, YPP (P) does not work and MPP (P) is functioning. As you can see from Weekly, it is a range quote in the long run. https://www.tradingview.com/x/cTJ1GijB/ It seems that you can aim for long after confirming support of MPP (P). << tactics >> 1) MPP (P) 0.88187 is functioned as a support ...

30 0 2
GBPJPY, 1D
GBPJPY 16 JULY 2018

Looking forward to long after short pullback last 2 weeks ago. There was a BIG supply near 149.000 where i start marking from Doji where the price start to drop downside further. As we can see there got Bullish and we take that as Demand. Supply break over demand. Take profit on weekly Demand at 142.600. We dontt get any clear decision for brexit yet. Trade at ...

thillygoosth thillygoosth GBPUSD, 240, Long ,
26 0 2
GBPUSD, 240 Long
GBP/USD

So basically, the way I have it drawn up as it did a 5 wave from the top, wave 5 being in the form of an ending diagonal. So, at this point, I would watch that 200 on 4hr to possibly give a buy setup in the form of flag. I circled where buy should have been from. I don't really feel like we can predict exact structure considering where we are at, but I drew up ...

55 0 1
GBPUSD, 60
GBP/USD with strong resistance ahead

Downside risks dominated the Pound during the first part of Friday’s trading session. This fall was stopped mid-session when the rate reversed from the 1.3130 mark and subsequently surged 112 pips within a couple of hours. The rate breached the 55–, 100- and 200-hour and 55– and 100-period (4H) SMAs along the way which might point to further advance. The nearest ...

LAWWDBilal LAWWDBilal GBPJPY, 60, Long ,
42 0 1
GBPJPY, 60 Long
GBPJPY TRADE

Trade with the order. Longer term looking at a sell towards the large blue zone on the downside towards or bouncing on the downwards trendline.

21 0 1
GBPJPY, 1D
GBPJPY ( 16 JULY 2018 )

Looking forward to long after short pullback last 2 weeks ago. There was a BIG supply near 149.000 where i start marking from Doji where the price start to drop downside further. As we can see there got Bullish and we take that as Demand. Supply break over demand. Take profit on weekly Demand at 142.600. We dontt get any clear decision for brexit yet. Trade at ...

Sabih123 Sabih123 GBPAUD, 240, Short ,
18 0 1
GBPAUD, 240 Short
GBPAUD Short idea

If price breaks the rectangle, its going down atleast 150 pips As line is between the red and blue MAs , shows the market is still in indecision. however the price has crossed out blue line which means its a bearish signal, therefore if it crosses the red line ( which falls precisely on the rectangle) will be our confirmation for sell entry. TP = 1.75822

KatePattamakom KatePattamakom EURGBP, 1D, Short ,
20 0 1
EURGBP, 1D Short
Short EUR/GBP

Look at 1D chart RSI bearish divergence Macd sell signal Sell after break out the support if not wait for resistance retesting and sell from the top.

Alibani7575 Alibani7575 GBPAUD, 1D, Long ,
15 0 1
GBPAUD, 1D Long
GBPAUD_D1

GBPAUD_D1

13 0 1
GBPUSD*USDCNY, 1M Short
Long term view of GBP/CNY target to 6 before end of 2026

Long term view of GBP/CNY target to 6 before end of 2026.

LadyF LadyF GBPUSD, 1D, Long ,
46 0 1
GBPUSD, 1D Long
GBP/USD forecast based on head and shoulders in 1D

Best entry - wait for break up and retest of trend line. Once rejected, go long

KatePattamakom KatePattamakom GBPUSD, 1D, Long ,
198 2 6
GBPUSD, 1D Long
LONG GBP/USD

Look at the hammer, possible long GBP/USD now

1347 8 73
GBPUSD, 240 Short
GBPUSD - WEEKLY SWING - 11. JULY 2018

WELCOME TO DACAPITAL TRADING!! GBPUSD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Very bearish H4 Candle formed and is on its way forming new lows DAILY Taken out 1.3315 and instantly reacted bearish in Daily timeframe WEEKLY Overall very bearish and forming endless lows LEVELS SELL GBPUSD @ 1.32110 SL @ 1.33070 ...

ICmarkets ICmarkets GBPUSD, 60, Long ,
599 2 14
GBPUSD, 60 Long
GBPUSD Testing Support, Potential Bounce!

GBPUSD is testing its support at 1.3191 (61.8% Fibonacci extension x2, 61.8% & 50% Fibonacci retracement, horizontal overlap support) where price could bounce to its resistance at 1.3301 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 3.3% where a corresponding bounce could occur.

ICmarkets ICmarkets GBPJPY, 120, Short ,
739 0 11
GBPJPY, 120 Short
GBPJPY Approaching Resistance, Potential Reversal!

GBPJPY is approaching its resistance at 148.17 (61.8% & 100% Fibonacci extension, 76.4% & 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 145.63 (61.8% Fibonacci extension, horizontal overlap support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reaction could occur.

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