GBPUSD to fall 70-80 pips in the wake of Rate Decision to maintain the same level of 0.25%
Very good buying idea for GBPUSD. Everything favors the bullish price action. Keep it simple :) Cheers !!
Our preference: short position below 144.75 with targets at 144.00 & 143.55 in extension. Alternative scenario: in excess of 144.75, aim for a continuation of the rise with 145.35 & 145.70 in line of sight. Comment: as long as 144.75 is resistance, trading range with a bearish bias.
Sell below 1.3006. Stop loss at 1.3053. Take profit at 1.2929. Reason for the trading strategy (technically): Price has bounce up and reached our profit target. We prepare to sell below 1.3006 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a drop towards at least 1.2929 support (Fibonacci retracement, Fibonacci...
GBPUSD prediction in 12 days Ghost feed
as we can see, this channel reach new record high for this year at 1.3114, and still at channel up trend. But its almost reach channel up pattern resistance level. So the best option for this week are waiting for small retracement, and enter long at CSR (1.2976), with target at 1.3290 Use stoploss at second CSR bellow 1.2818, aim for 300 pip with 2 RR ratio will...
Notre préférence : position vendeuse en-dessous de 1,3060 avec des cibles à 1,3000 & 1,2950 en extension. Scénario alternatif : en dépassement de 1,3060, viser une poursuite de la hausse avec 1,3085 & 1,3115 en ligne de mire. Commentaire : le RSI est mitigé avec un biais baissier limité.
Sell below 1.3170. Stop loss at 1.3257. Take profit at 1.2820. Reason for the trading strategy (technically): Price is approaching major resistance at 1.3170 (Fibonacci extension, long term swing high resistance) and we expect to see a reaction off that level for a drop to at least 1.2820 support (Fibonacci retracement, horizontal overlap support). Stochastic...
price likely to break 38 % fib level. If that happens 50% fib level might be achieved follow standardfxc on instagram for more trade setups
As Always wait for some bullish price action at the resistance level to buy, and be carefull outhere ;)
Our preference: buying position above 1.3030 with targets at 1.3115 & 1.3150 in extension. Alternative scenario: in break of 1,3030, a continuation of the decline will be envisageable with 1,2980 & 1,2950 in line of sight. Comment: The RSI is losing its bearish momentum.
Buy above 1.2898. Stop loss at 1.2804. Take profit at 1.3029. Reason for the trading strategy (technically): Price has bounced off our buying area at 1.2810 perfectly previously. We remain bullish looking to buy above 1.2898 support (Fibonacci retracement, horizontal overlap support) looking to play a further rise up to 1.3029 resistance (Fibonacci extension,...
Hello Traders, I would like to bring to your attention a very important trade. I have noticed that GBPUSD has failed the 1.3000 level twice, never passing the whole number (Major Quarter Point). This is a classic Quarters Theory trade, which states price will make two attempts to pass a whole number, before reversing to AT LEAST the previous Large Quarter Point...
As we could see GBPUSD finally broke above the 4HR trend than now we are seeing the pullback, so we wait patiently for price to come back to retouch the broken 15M trend. Just set it and forget it, now we wait. Thanks www.blueprintforex.com