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zader33 zader33 GBPJPY, 1D, Short ,
62 0 3
GBPJPY, 1D Short

The pair's uptrend seems to be coming to an end. Yesterday provided us with a big sell off and the major moving averages have rolled over on the smaller time frames. Moreover, as highlight below, the Stochastic crossover (10,6,6) has also occurred. I'm now short and any rallies that occur will be shorting opportunities.

39 0 3

The British pound continues to move away from the 1.3290 level against the US dollar, as traders book profits ahead of the release of key Jobs and Wage data from the United Kingdom economy. The GBPUSD pair has recently failed to move price above the 1.3300 level, as ongoing Brexit concerns limit the upside in the British pound. Buyers will look to target the ...

Peymana71 Peymana71 GBPUSD, 240, Long ,
227 0 16
GBPUSD, 240 Long

Hi guys,i wanted to post this idea earlier but couldn't access laptop. I saw Bullish signs in GBPUSD for a long time,we have a bullish wedge here. First need to break this wedge at 1.325,if we can do it,have a target around 1.34 . If you want to long don't forget stop loss.

Trading the STRONG against the weak! (currency strength calc)

Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept. *Please hit the zoom-out button once* (or more if you're feeling wild) This may look like a mess, but the last few "bars" on the chart are holding some useful information! I'm sure I'm not the ...

1064 0 29
Major Break on GBPUSD Confirms More Weakness

Hi traders, Today let's take a look at GBPUSD and its bearish activity since April of 2017, when a higher degree complex correction found a top. Back then we were tracking a W-X-Y pattern, known also as a double zig-zag which found resistance and the end at the 1.4384 level and since then dropped strongly and sharply below the lower trendline connected from ...

BloomFisher BloomFisher GBPUSD, 240, Short ,
98084 18 49
GBPUSD, 240 Short

Hi Everyone, Currently we're looking at Harmonic Pattern - Bearish Cypher on H4 Chart of British pound against the dollar, and it looks quit promising because of the price action and oscillators indicating that price is been overbought (H4 Chart) *NOTE- we're betting against the market trends and momentum which could rectify the patterns, SELL NOW at ...

Bandarsq Bandarsq GBPUSD, 1D, Long ,
523 2 20
Falling Wedge - Long setup

GBPUSD has just finished its last wave in the falling wedge. Buy the breakout. Cheers!

thillygoosth thillygoosth GBPUSD, 240, Long ,
42 0 2
GBPUSD, 240 Long

So basically, the way I have it drawn up as it did a 5 wave from the top, wave 5 being in the form of an ending diagonal. So, at this point, I would watch that 200 on 4hr to possibly give a buy setup in the form of flag. I circled where buy should have been from. I don't really feel like we can predict exact structure considering where we are at, but I drew up ...

Afaan Afaan GBPJPY, 1D, Long ,
140 2 1

Hi All, Another set up Bullish Gartley on GBPJPY. Let me know if you need information on the fib ratios/questions. Goodluck

LadyF LadyF GBPUSD, 1D, Long ,
50 0 1
GBP/USD forecast based on head and shoulders in 1D

Best entry - wait for break up and retest of trend line. Once rejected, go long

113 0 2


ScholarGC ScholarGC GBPJPY, 1D, Short ,
138 1 4
GBPJPY, 1D Short
GBPJPY Short Update

GBP/JPY melting lower slowly but surely

66 0 2

The British pound has regained bullish momentum against the US dollar, after US President Donald Trump’s speech with British Prime Minister Theresa May reaffirmed the two countries commitment to a future trade deal. The GBP/USD pair has now moved back above the key 1.3205 level and is currently testing the 200 period moving average on the four hour time ...

Renforex Renforex GBPUSD, 240, Short ,
263 0 11
GBPUSD, 240 Short
GBPUSD - Short

The orange line is our first target. If this support breaks, we will look for another short entry.

114 0 2
GBP/USD daily overview

The surge of the Pound has extended on Monday against the US Dollar, as the currency pair had reached above the 1.3350 mark during the first part of the day’s trading. During the move the pair broke the resistance of a dominant descending pattern, which managed to delay the appreciation of the Sterling against the Dollar on Friday. However, the surge was ...

euromotives euromotives GBPUSD, 15, Short ,
153 0 1
GBPUSD, 15 Short
GBPUSD short triggered based on Politics, Fibs, Resistance

GU short in play. Several Brexit ministers just resigned. PM May's future is in serious trouble, per many in the know. Brexit Blues just might make a come back here soon. So this a scalp to start, looking for the 4.25 extension of initial move down from the news. The 4.25 extension also aligns with previously established Fib Zone (grey). So my first TP will be ...

153 0 3
GBP/USD bounces off resistance

As many other US Dollar involving currency pairs, the GBP/USD has bounced off a resistance line. However, if one zooms out the chart, it can be observed that the currency exchange rate has bounced off a medium term resistance line. Meanwhile, it is set to surge in the borders of a large scale descending channel pattern. The surge should occur, as the rate forms ...

RomanZachary RomanZachary GBPUSD, 60, Short ,
179 0 5
GBPUSD, 60 Short
New wave expected

GBP´s vibration to continue. At the moment we can go short (some 70 pips left) to about 3.100 zone from where a reversal should take place. A new wave will be bigger than the previous one. W. Gann claimed that the best indicator are the previous patterns, price behaviour in the near past. Watch the price to remake the previous wave but on a greater scale.

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