GBPUSD

GBPUSD has taken Support on October 2016 Plus in Weekly time frame, we have Found Inside bar pattern which has Breaken upside of Mother Candle. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.

The wave (iv) or a (A) of it seems about to complete. Prepare your plan to play with downtrend direction.

At this stage the GBP/USD has had a reaction off of a big support level. However, I don't believe the down-trend is over just yet although we are in a major support level. As many know, it usually takes time before a trend ends for a new one to start and if bulls are wanting to come back into the market sellers will still be wanting to gain control and push price...

refer chart for details

Two buy zone spotted in GBPUSD 1st is the immediate buying opportunity as new high was created. Further expansion from that level shows a strong bullish move. However, if the market breaks the buy zone there's another buying opportunity along with the bullish shark setup. Though shark setup is the most tricky setup it fetches 1 of the biggest profit.

GBPUSD Analysis

SUPPLY AND DEMAND ZONES

Overall I'm bullish on GBPUSD. looking for a quick intraday short to later go long to end the month or start next month around the 1.25 area. Today it rejected PERFECTLY to the pip from %50 of the weekly game. I want it to climb a little higher starting into next week and give me around 200 pips to the downside. The potential pull run with 1:10 RR is what I'm...

Rhombus + Fibs Confirmation for longs & shorts

The British pound initially pulled back a bit during the trading session on Friday but then turned around to break above the 1.2250 level as the recovery continues. That being said though, the British pound still has a whole host of problems, as the Brexit is still a million miles away from resolution. The 50 day EMA is going to come in near the 1.2350 level, and...

The price is cross down Mirror Level 0.90900. We can open Sell in Zone. Potential profit will be in 3...5 times bigger than risk.

Not financial advice

The price is above strong Support/Resistance Zone. We can open Buy after pullback to Zone. Potential profit will be in 3...5 times bigger than risk.

Broken the neckline and made a strong bullish move. We can see pullback to restest, I trust this pair respects itself and buyers jump in to drive it back up at least to 100pips.

the 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...

The British pound has staged a strong upside rally against the US dollar, following the release of more positive news regarding Brexit negotiations. GBPUSD bulls have now triggered a bullish inverted head and shoulders pattern, with the 1.2480 level the overall target. The 1.2310 level is the next major resistance level to watch if bulls can maintain the GBPUSD...

Overall, GBP/USD is trending downwards. Recently, GBP/USD is trending upwards. Yesterday evening, German Chancellor Merkel clarified that her comment “We can find a solution to the backstop by October 31” does not mean that she is giving Britain 30 days to find a solution for the Irish backstop. What she meant was that “what one can achieve in three or two years...