We did not stay very long 1.2600 handle, and pullback was possible, but not expected as strong as it did. It does not change the overall view, and if long, we should be adding here 1.2350 area. Profit order still @ 1.2867 area.
It looks great opportunity buying at current levels. The selling pressure seems ending a bit and we might move into positive waters. Strategy is therefore the same, BUY @ 1.2480-1.2500 and take prfit @ 1.2867. Add below 1.2420.
We have corrected little and over-time is expected to move towards 1.2890 again. For now, BY buy strategy is @ 1.2478 only and when done take-profit @ 128.37. I am not keen buying current as it may trade downward due to liquidations of LONGs.
No change in view. We buy on GBP weakness. New positions strategy BUY @ 1.2450-1.2470 and add below 1.2400 again. Older LONGS BUY below 1.2400 for now as well. Take profit levels @ 1.2690 for now.
Sterling has taken a large beating, and this creates BUY strategy opportunity. We are very oversold on short-term and medium-term as well (at a lesser extend). The fall has been dramatic and one should see corrective action coming back into the market. I suggest BUY @ 1.2560-1.2590 and take profit @ 1.2878 for now. BUY again below 1.2427 in case we move...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Only take trade if it aligns with your analysis, do your due diligence. This is not a trade advice. This is only for educational purposes Kindly Like and Follow, Thanks
We can see that price had returned to its 4HR support zone, and respected previous structure that had previously reached this zone. A strong buy signal was sent out to the ATFX Academy to buy GBPUSD targeting zone 1.31660 Scaled in on a 1min-3min TF to find liquidity zones, OB and demand and supply zones. GBPUSD clear as bullish.
FX:GBPUSD GBPUSD Time Day look bullish divergence look entry comfirmation on time frame H1
GBPUSD is bearish, But It is at strong level of support. Will look for the buy position as per given area and target 100 pips. Manage your risk, price may go in opposite direction.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hellooooooo PIPPIN TRADER....looking out for this High Probability trade. A long worth 1:11. Trade with care, Risk small. HAPPY PIPPIN!
GBP-USD Retest horizontal support at 1.30085 It is a strong key level Thus, a local bullish rebound is to be expected With the retest of the resistance level above at 1.32001
GBPUSD a possible bounced to the upside lets try again from our previous analysis
GBPUSD 1H: Possible LONG The H1 chart indicates that after breaking past the level of 1.3120, a subsequent increase to the price level of 1.3300 can be expected
- Daily Chart >> Price hit a small demand area at 1.30000 and rose to correct itself back to MAs (weak bullish) - 4Hr Chart >> Price made a Higher high at 1.32974 which made price cross above triple MAs and touched the 200Ma on the 4 hour. Stochs also on the rise. Price constantly testing the 55MA as support and bouncing up (good bullish) - 1hour chart>> Price...