Looking ahead a turning point / entry is starting to form. Depending on what's going to happen at 128000. I am leaning towards short. Still think the dollar has more strength, but not worth betting, better be sure and be patient to see what will happen.
GBPUSD . Bull Riding Upper Range Wave . Daily MA, SR, RSI/STO, MacD. Current Price 1.26739 Resistance 1.27274 1.30 near the approaching 200 MA Support 1.25469 1.24139 RSI/STO oversold for weeks. MacD dwindling signs to sell. MA’s . price is overextended but showing signs of a crossover fan to the upside. Fibonaci possible retracement before...
IS CLEAR YOU CAN SEE THE H&SH FORMATION AND ALSO THE DOWNTREND THAT HAS STARTED SO I AM WAITING IT @1.24150
There maybe a uptrend today. Entry price - 1.25236, TP - 1.25437, SL - 1.25036
Sell below 1.2420. Stop loss at 1.2610. Take profit at 1.1990. Reason for the trading strategy: Price made a push up and reached our profit target perfectly. We now turn bearish below 1.2420 resistance (Fibonacci retracement, horizontal overlap resistance, Fibonacci projection) for a push down to 1.1990. Stochastic (34,5,3) is seeing major resistance below the...
GBPUSD major levels of resistance: 1.3470 (Fibonacci retracement, multiple horizontal swing high resistance) 1.2850 (Fibonacci retracement, Fibonacci projection, horizontal overlap resistance) GBPUSD major levels of support: 1.1920 (Swing low support, rejection candlestick support) GBPUSD technical indicators: Stochastic (21,5,3) is approaching strong...
We are looking at a trend change in British pound so pay close attention to events ahead. A close above 12674 will be bullish and a close below 12200 will warn of possible decline. A risk to see complete monetary reform as early as 2018 exists, the long term risk adjusted in real terms for inflation also remains a long term risk. This market has remained...
The GBPUSD has been, well boring lately. Price action is pretty flat. This pair has been winding up for a big move. Most of us have seen this before. The GU usually makes huge moves after long periods of flat/sideways price action. Prices moves below support @ 1.2110ish have been quickly rejected. Some analysts believe that The BOE is protecting this level. All...
FX:GBPUSD
This is only a trading capability - no recommendation !!! Next wkk i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
GBPUSD is going to have a volatile week. Look alive!
here is an idea that GBPUSD will drop about 300 pips. An amazing opportunity to make money over it