That fundamentals last week had a serious impact on this pair.
The FED held rates with a dovish tone, and then the cooling labour market data slammed the USD.
The BoE also held rates, but with a hawkish tone.
UK data is not great, USD real yields are stronger, and there are still global tensions which are normally strong for the dollar, that said, this pair has...
Trading in the pound sterling pair against the dollar stabilizes below the level of 1.2229 , so that the bearish trend scenario remains valid and effective for today, remembering that our expected targets start at 1.2175 and extend to 1.2137 .
The Stochastic indicator presents negative signals that we expect will contribute to pushing the price to achieve the...
I can see many reasons to go short on GBPUSD next week.
1) The USD decline during the holidays may have ended. Note on the DXY chart, the solidly bullish (engulfing) candle formed on Fri.
2) Price is stuck at 1.370 region and failed to close convincingly above it during the last 3 trading days.
3) The 200dma is acting as resistance too.
4) The current move seems...
Hy dear Members hope you all are enjoying our ideas and Analysis. Now we are here to discuss about XAUUSD. XAUUSD is still at the bottom of channel it has maximum Chances that it will touch Price level 1750 soon.
Keep in touch we will update further soon
Hy Dear Team, hope you are are enjoying Good Profit By following Our Ideas and Prediction. If you have any query Ask in. Comment section.
Now today we are Going to Discuss about GBPJPY Pair.
GBPJPY is forming Flag Pattern.
Now it has maximum Chances that it will Touch 130.000
Price level.
When Market will open I will update further with Proper TP, SL and...
GBPUSD long possitions wedge continuationpatterns.
look rejection in 0.236, like morning star (+).
BUY NOW or Breakout position, TP orange line, SL 1.22680
Looking at the daily chart of GBPUSD is pretty obvious that we are in a downtrend with price moving in a channel that the lower parallel and the lower quartile of the median line create. You may have already heard that it's fighting the trend isn't the smartest thing a trader can do especially if there is no a good reason.
In this GBPUSD daily chart we do have a...
