Time Frame: 4H Symbol: GBPUSD Bias: Neutral The investigation of dynamic help and obstruction shows a tight reach and the cost is swaying between two limits yet the instability factor is low. To that end we can't anticipate a high possible exchange from the ongoing cost setting. Taking into account the cost design we can expect some cost move from help to...
OANDA:GBPUSD GBPUSD Neutral bias Status: Open short position and waiting for breakeven confirmation What do I see? - VIX could go bullish as it's on its major Daily low, resulting in USDCHF going bullish. - Low volatility as the market waits for Durable Goods Orders MoM, New Home Sales, and FOMC Minutes report. - Could result in a sideways market in the long...
OANDA:GBPUSD GBPUSD Neutral bias. Status: Waiting for confirmation What do I see? - Traders are waiting for Building Permits Prel and Housing Starts Report. As the market is aspected to go sideways, both of those reports could impact significantly our next decision regarding the direction of the market. - The market is biased both ways, creating a liquidity...
Time Frame: 4H Symbol: GBPUSD Bias: Neutral The current price pattern of this pair is showing a weak market condition. The dynamic support and resistance also not displaying any edge to go for a strong trading opportunity. Considering the current volatility and the oscillations in the market , we have tactfully projected the trade set ups.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We do not see any strong opportunity here for this pair. We vote for a neutral position.
Where are we? Check it out in the chart. I expect bullish continuation.
Probably, the pattern you see in the chart above could appear. If it forms, then it's a great sign of the GU bullish continuation. That is the H1 timeframe. Look at the Bullish engulfing continuation that has formed. I expect this pair to continue moving up to 1.1583 the moment it breaks 1.1515, the current level that the price is trying to break. Look at the...
Time Frame: 4H Symbol: GBPUSD Bias: Neutral There is no clear bias now for this pair. The instrument is oscillating between two insignificant extremes and therefore we do not see any directional bias.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We are neutral for this pair. We do not see any directional bias for the time being.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We do not have any major bias for the time being. We are in a neutral position.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We do not see any high probability setup now. The pattern of volatility and momentum does not signify or justify any directional bias.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral The price level is trapped in a rangebound parenthesis and we do not see any strong momentum drive today.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We are neutral for this instrument. We do not see any potential price pressure from any direction that may potentially change the story.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral There is no probability of major price actions or volatility influx. So we are not in any directional bias.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral For this instrument we do not have any bias today. We do not see any high probability set up that can be efficiently traded to garner some pips. So it is better to wait .
Time Frame: 4H Symbol: GBPUSD Bias: Neutral The pond and greenback is not in a perfect bond now. They are not in any fierce opposition. One is respecting other and keeping themselves aloof in quietness. There is no strong surge to overrule any directional bias and therefore we do not see any signals now.
I feel we are building the right shoulder of the inverted SHS patter, and likely this is between 1.2400-1.2600 for now. Ultimately on break of neckline, we should see 1.2850-1.3000 again.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We do not see any immediate signals for this instrument today. Our study does not reveal any strong directional bias.