Fundamental Analysis:- The USD is still the stronger of the two currencies with the FED looking at continuing their gradual rate raises over the near term. Even raising rates a little more than expected to stop Inflation jumping over their target. On the GBP side of the currency pair; Teressa May comes under pressure to resign as 40 of her MP's announce a vote of...
looking for a pull back here for GBPJPY tHEN SHOULD RESUME BACK UP
Using Multiple TF's Entry was determined on the 5 /15 TF Sell stop set at 142.48 Target 1 is a 1:1 Risk T2 extended target at recent structure lows
Hi everyone ! I have for you you my EURGBP analysis. What I see now on the 1H chart is bearish divergence. So go short for now (0.9030 +/-), but What I see on the 4H chart is bearish too, It means for me that there is big chance that We will be on the short road in this week + RSI is pretty overbought on 1D. Take care, everything is possible. Enjoy your life...
GBP/NZD has hit resistance therefore has gone down, and it will keep going down, it is still a good entry if you enter now.
Evert hing is clearly mention above Follow 1,2 and 3 resistance levels, nothing else. Because i like to keep the previous record too if you have any questions don't hesitated to ask.
Gbpaud - daily chart - Good swing trade setup here, clear break of bullish structure on weekly chart calling for a deeper pull back. Decent risk to reward.
The break below previous support at 1.32 amid a strong downtrend signals lower prices Two possible scenarios after today's vote in UK parliament over Brexit A) former support at 1.32 is resistance and downtrend resumes toward 1.305 B) price closes back above 1.32 signalling a rangebound market and an eventual re-test of 1.347
Break the counter trend line.!! time to wait new Lower Lows...
We notice mirroring between the pattern of daily(september 2017- today) and the current 15 min
Potential short on this pair wait for the clear break but wait for a clear break. Minimum target is the end of three wave.
Maybe we can see one more small up move on this pair but we are looking for impulsive move to down on GBPAUD . Should wait small flag for confirmation before entry. Lets wait and See..
Here I have analyzed the GBPCHF currency pair, and I believe we have a shorting opportunity approaching. I believe the GBP currency will experience some weakening throughout this first week of the year and more so into this first quarter.Happy trading
I TP before the support line then i go buy back again :)
we are confirmed in uptrend on 12 june 2017 ..but we have a strong daily resistance at 148.100 which the price can't break it since 16 dec 2016 ... and also the pair make higher lows which confirmed ascending triangle which make us think that we are going long on the long term but before that .. we see on 4 h chart a double top pattern which make the pair going...
Goal of this test is to see if price will reach the 1-4 line of the Wolfe Wave within close proximity of the Green G wave level. If so, could this be the ever elusive ETA of the Wolfe Wave?? Maybe.....just maybe. -Sirak
The resistance level of 1.3049 was not breached. It is possible to form a descending model 3W. The target level may be a long-term support level of 1.2106.
You can see over the year we have been trading between the two main support and resistance. From price action you can see this market is starting to lose momentum trying to break through the resistance barrier. Bearish candle sticks and short term 2 hourly trend line has been broken. Think its time the pound dropped! let me know what you think!