Waiting for more confirmation of gold, can it break 51 support during NY? Sells below this level for me.
Hey Traders, in today's trading session, our focus is on the EURGBP currency pair, specifically looking for a favorable buying opportunity around the 0.85750 zone. The recent price action of EURGBP has been showing a downtrend, but it has successfully broken out of that trend. At present, the pair is undergoing a correction phase, and it is nearing a critical...
GBPNZD has turned sideways basically for a whole month (since June 28th) as it is restrained under R1 (2.092225) while being supported by the 1D MA50. This has turned the 1D timeframe neutral (RSI = 53.387, MACD = 0.005, ADX = 22.546), which is an expected technical outcome. We will trade this setup on a breakout basis. A crossing over R1 is a buy signal...
Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.69900 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.699000 support and resistance zone. Trade safe, Joe.
GBPJPY is rebounding after marginally breaking under the 1day MA50 for the first time in 4 months. This is a similar type of rebound as April 23rd 2021. That sequence traded inside an Ascending Triangle. Wait until the price hits the top and sell, targeting the Support at 177.000. Follow us, like the idea and leave a comment below!!
NOTE: Selling opportunities are much more riskier. We're keeping the pair under watch to buy around 179.800 and the much more riskier setup is watching to sell around 183.500 We take less risk for shorting scenario.
Greetings everyone, Starting the week with a potential BUY for GBPAUD: Despite its recent heavy decline, this pair is nearing our strategic moving averages and has exhausted its daily average volatility, indicating a potential end to the bearish run. The overarching trend remains bullish, hinting at resistance against a total free fall. To capitalize on this...
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.27700 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27700 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85800 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85800 support and resistance zone. Trade safe, Joe.
Here we have British pounds to the Japanese yen with a nice break to the upside showing clear momentum behind this movement the POI that we are looking at is the POI that presents itself during the break between the high volume of London and the high volume of New York we are looking for this to take us higher out of the current range that we are sitting in, of...
What's up everyone starting off this week with British pound to the US dollar as always these markups are representing 5 minute price action but we have to post them on 15 minute due to trading views terms of use. We broke above a smaller swing high on Friday's session giving us a clear order block at London Open i'm now looking for price to revisit this before...
Thu Aug 3 10:00am CHF CPI m/m -0.1% 0.1% 2:30pm GBP BOE Monetary Policy Report GBP MPC Official Bank Rate Votes 7-0-2 7-0-2 GBP Monetary Policy Summary GBP Official Bank Rate 5.25% 5.00% 3:00pm GBP BOE Gov Bailey Speaks
Hey fans i hope you doing well just watch the bottom for price action and take the long position thanks
**Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85900 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85900 support and resistance zone. Trade safe, Joe.
The GBPAUD pair gave us an excellent buy signal last time we looked at it (see chart below) on May 9: The price remains within the 6 month Channel Up pattern and is currently rising after a Higher Low formation on the 1D MA50 (blue trend-line) early this week. This is a bullish signal, based on which we are targeting the 1.97300 Resistance. That would be a...
The market is very risky… I usually don't trade on days like this .. but I saw a high-risk position ... let's see if we can make some money here. PS. Leave your comments and thoughts.