As pound has taken a good impact of the news, hence, came to a demand zone, simple go long from here for some green pips as the price is currently following an upward trend. Happy Trading
GBP/USD:Unraveling the Impact of UK Wage Growth Data The Pound Sterling finds itself at a crossroads following the release of disappointing UK wage growth figures for the quarter ending November. Despite steady employment levels, the looming economic challenges cast a shadow on the currency's performance. A risk-off sentiment prevails, further intensified by...
GBP/USD Reacts Bullishly Amidst Retracement and Central Bank Caution In line with our previous forecast, GBP/USD has undergone a retracement, finding support at the 61.8% Fibonacci level within a range area. However, the market remains cautious as investors and traders brace for upcoming interest rate decisions by the Bank of England (BoE) and the Federal...
Non farm payroll is today and my projection for GBPUSD is that it will long, but for that to happen, I am projecting a retrace to the 50EMA where it is our area of interest before it buys to 1.27588.
GBPCAD since the beginning of the week have been moving bearish and in respect to this, I plan to stick to the trend, the daily and the weekly also shows the bearish trend, and to follow this I expect this pair to retrace to the 50 Exponential moving average and we short to the 800 Exponential moving average.
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 186.906 Why we like it: There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 188.919 Why we like it: There is a pullback resistance level Take Profit: 184.474 Why we like...
The Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.27800 Why we like it: There is a pullback resistance level Stop Loss: 1.28276 Why we like it: There is a swing-high resistance that aligns close to the 127.2% Fibonacci extension level Take Profit: 1.26577 Why...
#PROSUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about PROS Pros is getting ready for big move we are looking for breakout. After this breakout we can see gain upto 80%+
I have analyzed and seen the weekly and daily timeframe being bearish, these are the main timeframes, so I went to the four hour timeframe to look for opportunity to short, then I spot the resistance zone just below the 50 exponential moving average, now expecting a retracement to the moving average then take shorts.
GBPAUD is expected to buy more after it makes it retracement to our support zone and our 50 Exponential moving average that correlates with the 50 moving average, then we buy to the net four hour highs.
#TRBUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about TRB TRB is ready to break main descending triangle pattern. After breakout we can see gain upto 50%+✍
#USDCHF UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCHF. USDCHF is getting a strong bounce from this support level. Here it has Maximum chances we can see a good bullish wave as expected. We can see gain upto 200Pips+. Keep in touch we will update further soon.
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85450 which is a pullback resistance. Stop loss is at 0.85800 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.85049 which is a swing-low support. High Risk...
#RNDRUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about RNDR RNDR is getting a good bounce from this support level. We can see gain here upto 60%+✍
#AUDCHF UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDCHF. AUDCHF is at a strong support level and getting ready for a good Bullish wave. Fundamentals also supporting this AUD is getting strong. Here it has maximum Chances we can see gain upto 100Pips+. Keep in touch we will update further soon
Break in broadening top channel tell us its time to short GBPCAD. Price action can approve it. A breakout, a tight channel and again a bearish breakout can send GBPCAD to hell. Trade safe. Good luck.
#COSUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about COS. COS is at a strong support level and getting ready for big bounce. We can see again here upto 80%+✍
#SUPERUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about SUPER SUPER is making bullish flag pattern and getting ready for breakout. After breakout we can see gain upto 70%+✍