GBPJPY leaves multiple bearish clues: MA cross, Double top, Key structure, Bearish engulfing candle. Probabilities are on a bearish side. Let's short it! Please, support this idea with like and comment!
GBPUSD looks relatively oversold. On Friday the price reached a key level and leaves some reversal clues. We see a confirmed breakout of a falling parallel channel on hourly time frame. I expect a pullback at least to 1.391 ❤️Please, support this idea with a like and comment!❤️
Technical Overview: - GBP/USD Check out our previous posted analysis Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil...
Fundamental bias: Mildly bearish The next few weeks could be a vulnerable period for cable. First, the near-term EUR/USD upside potential has faded and short-term downside risks remain following the hawkish June FOMC meeting. Second, concerns about the spreading Delta variant should prevent any further hawkish repricing of the market outlook for the Bank of...
EURGBP broke and closed below a strong daily support cluster. Now the broken structure and a falling trend line compose a local zone of supply. From that a bearish movement will be expected. Next goal will be 0.848 ❤️Please, support this idea with a like and comment!❤️
Technical Overview: - GBP/USD Check out our previous posted analysis Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil...
So... on GBPUSD on this Timeframe we are looking @ the following . 5 wave Impulse to the upside completed as indicated in our Blue degree. Correction which is a combination structure about to Complete @1.40500 to 1.41000 We have a WXY correction in our Orange Degree which also has another WXY smaller degree in our Y wave. The correction is gonna end @1.40500 to...
Hey traders, GBPCAD is trading within a wide horizontal trading range. Last week its resistance was reached. The price formed a double top formation on that. Taking into consideration that the market is trading in sideways, chances are high that the price will drop. Goals: 1.7115 1.706 ❤️Please, support this idea with a like and comment!❤️
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE POUND / U.S DOLLAR FROM THE 4 HOURLY CHART. The pair is still ranging within structure , looking for a continuation of this moves but should we see a break below of the structure that would signals continuation should confirmations signal that other...
Fundamental bias: Bearish 1. Safe-haven status and overall risk outlook As a safe-haven currency, the market's risk outlook is the primary driver of JPY. Economic data rarely proves market moving; and although monetary policy expectations can prove highly market-moving in the short-term, safe-haven flows are typically the more dominant factor, especially in...
Fundamental bias: Bullish 1. Virus Situation The UK’s vaccination success has been a key driver of positive sentiment for GBP from the start of 2021 and has meant the county is on the verge of completely removing covid restrictions. One short-term negative is recent concerns about the Delta variant which could see a 2-4 week delay in the planned reopening...
Technical Overview: - GBP/USD Check out our previous posted analysis Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil...
Hello Traders, TGIF all! I observed a Wyckoff Accumulation Pattern on the weekly chart of GBPUSD and I wanted to share the event and phases of Wyckoff schematics. Wyckoff(1873-1934) was a pioneer in the technical analysis of the stock market. At the age of 15, he started his job as a stock runner for a brokerage in NY. He observed the studies of JP Morgan...
Technical Overview: - GBP/USD Check out our previous posted analysis Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil...
Fundamental bias: Bearish 1. Safe-haven status and overall risk outlook As a safe-haven currency, the market's risk outlook is the primary driver of JPY. Economic data rarely proves market moving; and although monetary policy expectations can prove highly market-moving in the short-term, safe-haven flows are typically the more dominant factor, especially in...
Fundamental bias: Strong bullish 1. Virus Situation Regarding the UK's coronavirus outlook, this remains encouraging with the UK's vaccine program having administered at least one dose to over half of the UK population. Given the current success of its vaccine program, the UK is now in the early stages of lifting lockdown restrictions. While the UK's...
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.
this is the futute path of GBPUSD! guess when this will complete? me in 2026