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Gbpshort

GBPCHF planAnalisa Teknikal masih mencadangkan saya untuk Bearish kesemua GBP pairs. Risiko besar bias ini adalah perkembangan terkini Brexit & suasana politik di United Kingdom. Berdasarkan data-data yang lepas, market seolah-olah "react" jika news tersebut berupakan news yang tidak baik bagi No Deal Brexit ataupun apa sahaja yang kena mengena dengan Boris Johnson. My technical analysis suggest that I should be bearish the Pound Sterling. The risk for this bias is any development of Brexit that usually led to Sterling to be bid. i.e No Deal Brexit, any bad things happen to Boris Johnson Price action yesterday was exactly what I wanted. Since I am bearish GBPCHF, i was looking for a bull trap at the levels that I have marked today on the chart. P2 bearish had been activated, I am still waiting for a bearish trigger signal and/or another test on the upside, preferably breaking yesterday's high. The daily range yesterday exceeded the 20-day ADR upside projection hence I am anticipating a more subdued price action today. Just anticipation. I love volatility, I wish there is one every day.
Short
by sufiansaid
Much more weakness is likely in GBPEURTwo chart patterns are in play right now for FX_IDC:GBPEUR on a long term scale. First of all, GBPEUR is breaking out from triangle, with target at around 0.98. And further there is an option that GBPEUR is forming head &shoulders pattern. H&S would be confirmed, if currency pair breaks neckline around 1, then pound may drop as far as to 0.75-0.80 region. As it is long term pattern, be ready that this scenario may play out over next few years, and not something to expect in next few months. However, with brexit deadline getting closer, more volatility certainly is likely. As of now, short with stop at around 1.125 may be attempted for more downside.
Short
by Silvestrov
3
GBP/USD SHORT & BEAR PLAY GBP has been under lots of pressure lately, All 8 Brexit proposals by the British PM (Theresa May) were all rejected. This has put the GBP under investor risk and uncertainty, the last 4 months been a Bullish ascending channel ride for GBP/USD. The bulls are no longer in play as the channel is broken to the downside with a strong retest and 200 ema daily crossover. The Fundamentals and Technicals tell the same story for GBP/USD which is WEAKNESS. A short will be our bias.
Short
by forexlyfeanalysis