Tell me what is your choice?? Case 1: Case 2: In week:
TARGET: 66 PIPS TP1: 1.27290 TP2: 1.27017 SL: 1.28200
For long term the trend lines that I follow. You can see below application of the trend lines on 1d graphic.
TARGET: 107 PIPS TP1: 1.28894 TP2: 1.28463 SL: 1.30869
The UK docket has the monthly and quarterly GDP releases today for the third quarter, alongside the trade balance and industrial production, all of which will be published later this session at 0930 GMT. The United Kingdom GDP is expected to arrive at 0.1% m/m in September while the first readout of the Q3 GDP is seen at 0.6% q/q and 1.5% y/y. Meanwhile, the...
Price bounced up from buy level 1.2785 technically it's a signal that price will continue up move. On next week we can look for Buy entries with goal 1.2910. Sell I would like to ope Near sell level 1.2921 because long-term trend is still bearish. Middle term goal for those who will open Sell is 1.2663 Push like and Subscribe.
There is a possibility for one more bullish wave before we see a big drop on this pair if so then watch lower time frame for a short-term buy. Don't forget to use %2 Risk Management DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight into my trading techniques, you should do your own due diligence and not take...
GBPUSD / Formed a new BAT pattern
SHORT NOW FOR BEARISH BAT PATTERN GBPUSD SHORT NOW Bearish Bat Pattern Complete SL 1.3320 TP1: 1.31330 TP2: 1.30520 TP3: 1.28320
US dollar strength continues to dominate as Non-Manufacturing PMI dominates beating expectations coming out at 61.6. This shows continued economic expansion. Over on the equities side, amazon voluntarily raised worker wages to $15 an hour ahead of minimum wage. While this is somewhat a surprising move, it is a sign that the US labor market is tightening and worker...
hi again i was checking #gbpusd forecast in tradingview now i decided to publish my forecast good luck
Over on the 4-hour timeframe, I would like to wait for price to retrace to the intra-day dashed line before taking a trade.
This pair made a relative high two weeks ago and we are now continuing in the second week of a sell-off. However, this trade is still waiting to take place. given the current moving average consolidation and acceleration away from the averages, the momentum is picking up. However, over on the lower time frame, I do not have a clear opportunity to take a short...
GBP/USD labeled in an ABC structure, with wave B unfolding as an Expanded Flat and now approaching the Fibo's. Expecting an aggressive rally.
GBPUSD tested the upper channel of the Bollinger Bands in Daily chart after completing Bullish Total Harmonic Pattern at 1.26500 – Fibonacci 1.272 extension of XA – Cable faced a strong selling pressure at 1.29300 and pulled back. On the H4 Chart, the pair ended the week above EMA 50 and SMA 100. Shorter term Bullish move is likely to continue if the pair holds...
GBP looks very interesting when looking at it from the Brexit time. There are 6 periods, each setting the low and the high until the next one. Moreover, these periods come almost after the same period of time. What it amazing though is that looks like the final period is exactly on the official Exit date 29/03/2019, which means that if the trend continues there...
Key Fundamentals: BoE’s Carney could not convince the markets for the further rate hikes. Markets need to see very strong macroeconomic data flow on the UK side. Even the negative US Job data could not stop DXY bullish run. You can read our latest DXY analysis Weekly Chart: Strongly Bearish. Cable is below all main Moving Averages. Testing the Murrey Math...