GBPUSD is in a big uptrend and has only now seen some big bearish moves at the start of the year. ----- GBPUSD hasn't really made a new low and is still holding the 1.26100 level pretty hard. ----- If we see big bullish moves in the upcoming week. I will be looking for a break of the resistance level and then a retest of the resistance zone and new highs being...
In the upcoming trading session, our focus is squarely on GBPAUD as we explore a potential selling opportunity around the 1.90800 zone. GBPAUD, entrenched in a downtrend, is presently navigating a correction phase, drawing closer to the trend at the crucial 1.90800 support and resistance juncture. As we delve into this analysis, it's essential to consider the...
Hello Traders, In the upcoming trading session, our focus turns to GBPUSD, where we are eyeing a potential buying opportunity around the 1.27000 zone. Notably, GBPUSD has recently broken out of its downtrend, signaling a shift in market sentiment. As the currency pair navigates through a correction phase, it is steadily approaching the retrace area at 1.27000,...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Let's see how things play out at this key daily level turned Resistance. 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 enjoyed the content, thank you! -- Get the right tools and an...
GBPCHF is projected to reach 1.06913 as we can spot a bearish continuation pattern, so we expect price to break that support zone, retest it and sell to 1.06913.
We see a huge bearish factor as price retraces to the resistance zone and the 800EMA, an 800EMA rejection especially on the weekly is a huge factor, as this is projected we expect price to get to Trend Line 1.85013.
I'm still bullish going into next week on GU. looking for new highs to be made before I feel it can change to bearish. Making my Notes and sitting on hands for now.
Greetings Traders, In today's trading session, our attention is turned towards EURGBP, where we are actively monitoring a potential selling opportunity around the 0.86500 zone. Currently entrenched in a downtrend, EURGBP is navigating a correction phase that brings it closer to the significant 0.86500 support and resistance area. As EURGBP adheres to its...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 GBPAUD has been overall bearish trading below the red trendline, and it is currently retesting it. Moreover, the zone 1.9 is a robust resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the resistance zone...
The GBPNZD pair has had a strong decline since our last sell call (November 24, see chart below) breaking even below the 1D MA200 (orange trend-line): The price is currently rising after making a Lower Low but not at the bottom of the (blue) Channel Down. For that reason we consider the emergence of a Diverging Channel Down that can break above both the 1D...
Continuing to monitor price action on GU. Still Bullish but since it is now the end of the week I'm Not to confident it will want to make new highs. We cant predict the price...just move with it!
GBP/USD at Crossroads: Navigating Dollar Strength and Technical Signals Under the weight of a resurgent US Dollar (USD), GBP/USD faced downward pressure, descending to its lowest level since mid-December around 1.2610 on Tuesday. While a recovery towards 1.2650 unfolded early Wednesday, the technical landscape hints at the persistence of a bearish bias. ...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price entered to falt, where it tried to rise to top part, but failed and declined to resistance area. Then, British Pound bounced from this area, rose to top part of flat, and then made downward impulse to $0.8570 support level. Thereby price exited...
Hey Traders, Check this analysis out on GBPJPY. I have couple of plans on Gold and i am looking forward to BUT on a short term. then look forward to more SELL trade plan since the pair is sill below the weekly Key Zone. I will take an alternative entry if that play out also, Keep a close tab on this. #gbpjpy #GJ
Hey Traders, Check this analysis out on GBPUSD. I have couple of plans on POUND and i am looking forward to sell trade plan since the pair has successfully break below the previous support structure. I will take an alternative entry if that play out also, Keep a close tab on this. #gbpusd #pound
Price has held in the zone it was in and is now showing bullish price action. I'm still bullish looking for a high to be taken before I flip to bearish. We cant predict the market...only move with it. So we will continue to monitor for scalp opportunities.
We were triggered and stopped out. Which is good news because we know exactly what it means for out support, that it is still valid. We should then be looking for buy entries, either from retests or reverse candlesticks.
Hi folks today I'm prepared for you British Pound analytics. A few time ago price rose to the 1.2620 support level, which coincided with the support zone, but at once rebounded and in a short time declined to the trend line. After this, the price rebounded from this line, started to trades in a triangle, and made a strong impulse up to the 1.2785 resistance level,...