The technical cross-section**:
A strength of trend: 0
The priority area of transactions: buying
Selling in the area of 1,1300 with a stop above 1,1340 and a profit in the area of 1,1220.
Selling in the area of 1,1390 with a stop above 1,1430 and a profit in the area of 1,1310.
The purchase in the area of 1,1210...
GBPUSD broke a trend line formed on many many weeks so we have 2 choices at the moment:
1.to short right away or
2. to wait for a price to break support layer in which it is right now.
My choice is second: If price breaks this descending triangle I will enter short
GBP USD Daily mara formation possible resistance hit reversal
though we are not trading till Monday Night due to the Long UK weekend
one cannot help but leave a screen or 11 on
The GBP USD has formed a bearish daily Marabouzi candle
Very little GBP USD News next week
Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information...
i see the opportunity to sell gbpusd
as yesterday usd news come out to be very well so we still sell this pair
i think that this GBPUSD is moving down to make new low
have very high chance
if you like my signal please help to like and follow
The British pound has fallen to its weakest trading level against the US dollar so far this month as the greenback surges higher across the board. The GBPUSD pair is heavily bearish while trading below the 1.2985 level, while the 1.3030 level former support turned key intraday resistance. The downside target of the large head and shoulders pattern on the one-hour...
As pound breakout the consolidation triangle pattern, the downward pressure continue to make GBPUSD lower and lower, 1.30 level is able to lose.
The relative support level is around at 1.2960 and it's a second pivot point for pound weakness after breaking 1.3070.
However, GBPUSD is getting lower about 3 trading...
It seems like this pair is going to be moving down even further than it already has, this comes from the fact that a bearish flag is forming. The flag had started to form as the RSI hit the oversold level, meaning this could very well be a period of consolidation. An eye should be kept on which side the price breaks out the flag, it is very likely that the price...
- 120 Gann Cycle of the Inner Year. From the swing low on December 12th, 2018 to the open of April 19th, 2019 is 128 days. Gann wrote that the 120 day cycle should be watched as a low/high countertrend, especially if a high/low was found at 90-days. There was a high found in the 90-day cycle, so this 120-day cycle low is in.
- Gann Date of
- Full Moon on April...
GBPUSD is back to 1.3000 again so we need to ask ourselves the question, break or bounce?
If price holds here we could see price move higher, if price breaks and closes below 1.3000 then we can expect
further downside from the GBP. Wait for the market to confirm a direction before trading this zone.
we can take long trade from 1.3000 - 1.3050
stop lose and targets are at chart >>
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your...