Weekly and monthly price action for GBPCAD appears to point towards a bearish sentiment and thus we expect shorts this week as we run into weekly lows, keep our fingers crossed and wait for the markets to come to us. Structural candles and confirmation on 15m bos entry. Goodluck
GBPCAD posted a green weekly Heiken Ashi candle. This suggests to me that it may go up next week. However, a green daily Heiken Ashi candle has not yet posted on the daily time frame. Therefore, I must wait until it does. If a green candle does not post by close of day Monday, then I will no longer consider this trade anymore.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURGBP has been overall bearish trading inside the falling channel in red, however it is currently approaching around the upper trendline. Moreover, the zone 0.87 is a resistance zone. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the...
In my opinion GBP is building up for a big fall this year, and it has to start with a lower high. Oil prices are rising, and as much as the FED don't want this, it's happening, and this should be good for CAD. I can see a rising wedge pattern, we can see spinning tops forming and it looks like we're running out of steam, I believe we'll initially fall back to...
Hey Traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.11600 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.11600 support and resistance zone. Trade safe, Joe.
Levels calculate by help of Ichimoku, Standard Pivot, Order_block, Sentiment Analyses and also S&R. Sufficient accumulation of reasons indicates the possible existence of a reaction zone. Generally sentiment is Neutral! but new sellers joined recently! 1.2860 is where most bulls entered the market and they may exit in no profit and no loss in their entry...
EUR against GBP. I think that taking long entry at bullish breaker around 0.8618 can play out. The only concern is that price already was there after breakout. So same as with others setting alarm for that level to see how it evolves in action. Potential targets for bullish bounce 0.866 / 0.868 .... the rest for breakout above 0.87 which will take price to...
🔰 Pair Name : EUR/JPY 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : LONG Scale 🔰 Direction : SHORT/SELL The GBP/JPY pair's sensitivity to shifts in global risk sentiment makes it a valuable tool for assessing broader market outlooks. 🌐 Its responsiveness aligns it with changes in global risk appetite, creating a strong correlation. In this context, the pair finds...
GBPUSD crossed under its four month Channel Up pattern, as well as closing under the 1D MA50, thus turning the 1D timeframe bearish (RSI = 43.717, MACD = -0.001, ADX = 34.501). Currently this is a sell signal, targeting the 1D MA100 (TP = 1.2625). Every Support (S) broken, will be a sell signal for the next one. We are buying only if the price crosses over the...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85700 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85700 support and resistance zone. Trade safe, Joe.
Post use Google translate In addition to the impact of high inflation, UK retailers were hit by heavy rains in July, with sales growth falling to an 11-month low, the survey released on Wednesday showed. The British Retail Confederation (BRC) said retail sales in July rose 1.5% from a year earlier, less than half the 12-month average of 3.9% and well below...
The major level marked and the structure of the market will be depend on the confirmations candle, as yesterday price reject the confirmations candle formed the proper sell system formed. GBPJPY SELL 182.80-183.00 TP1. 182.40 TP2. 182.00 TP3. 181.50 TP4. 181.00 Sl 183.40 Please follow the setup with proper risk managements.
Potential divergence created. A previous intraday low was broken and the current high which was broken as well. A bit risky of a setup to be honest but it follows what i like to look for We have GBP news coming up Friday. GBP mortgage rater were higher but the housing price index MoM and YoY were lower with the AUD business confidence coming in higher than...
Buy GBPCAD Bullish ✳️✳️✳️ Buy Gbp/Cad @ 1.7108 Tp - 1.7174 Sl - 1.7070 Its good chance to buy now Thank you
Looking for a retracement of the previous low here. Small pullback before Friday's news? Possible break of structure on lower timeframe with a current retest of the high. Should be interesting.
GBP/JPY is currently displaying signs of a bearish movement in the short-term. Several technical indicators and fundamental factors suggest that the currency pair may experience a downward trend in the coming days. Traders should exercise caution and consider bearish strategies when positioning in GBP/JPY. Technical Analysis: Bearish Downtrend: The GBP/JPY pair...
I'm expecting full on GBP weakness over the coming weeks, regardless of what happens with the dollar. We've broken below the months of ascending trendline and so far failed to break back above, we have a beautiful bearish engulfing candle on the 4hr close from Friday. I get this pair wrong a lot (because I live in the UK and can see a car crash happening in slow...
Trading Setup: There is a Trading Signal to Sell in GBPJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 182.09 ⭕️SL@ 107.51 🔵TP1@ 181.26 🔵TP2@ 180.81 🔵TP3@ 179.81 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...