MY ANALYSIS IS BASED ON TRENDLINES AND Moving Averages,
EUR_GBP BROKE OUT OF RESISTANCE, PICKING UP FROM SUPPORT (1) Long with buy limit on the entry level (2) Takes, Stops on the chart (3) 0,7% deposit. ________________________ ________________________________ LIKE and SUBSCRIBE for VIBES!
Fundamental Analysis: UK Economy currently holds a significant current account deficit of £21.1 billion (Q1 2020) or 3.8% of GDP Indicates a substantial deficit of savers, the UK economy is therefore in need of international savers to plug the gap, however international savers are only willing to come in when there is a strong fundamental outlook. Over the past...
we can now open a sell position on gbpusd with our invalidation level as placed on the chart. Expectinga a fall to complete the wave (y) leg , Goodluck
hey traders, if you missed a long trade from a key level on EURGBP, pay attention to a minor ascending triangle on 4H today. wait for a 4h candle close above its horizontal resistance and buy aggressively or on a retest. your fist goal will be 0.925 level. concerning a save stop placement, I would set it based on the last higher low within a flag...
A look at the Major Indexes to form pairings for the week ahead. PAIRINGS: SELL PAIRS: NZDUSD, AUDUSD(C), GBPUSD(C), GBPJPY(C),AUDJPY(C),CADJPY(C), NZDJPY,CHFJPY BUY PAIRS: USDCAD (C), USDCHF(C)
GBP - Cable...Yes, we do have further Brexit talks this week...! Regarding Brexit we do have till 15th October - For further information, check Brexit schedule online.. Brexit has been an on going thing that really both sides don't agree on much at all. However, there is time to resolve although for a deal could be looking slim the further we approach the key...
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Price has previously hit this green Weekly support zone 3 times and is approaching it again. Over the next few weeks monitor price to see what it does in this zone. Drop to a lower time frame and monitor for signs of a reversal pattern before looking for bullish trades.
GBPJPY is retesting a broken strong horizontal structure. Because the pair is currently trading in a bearish trend, the market will most likely keep falling. selling volumes will accumulate within a blue supply area and then bearish reaction will follow. goals: 135.04 134.68
Price action and structure analysis on GBPUSD. daily and 4h chart discussed. key levels and save buying and selling scenarios discussed. please, support me with like and comment. thank you!
hey guys, GBPNZD is currently approaching a strong weekly structure. because the pair is very volatile and can boom and bust very quickly, here are the key levels that you must consider trading this market: Support 1 - 1.905 - 1.915 this structure is based on the current year's low and price action of 2019th. the market is currently testing that area, so...
Pound sterling trading inside an ascending parallel channel
Looks like pound cad respected a key horizontal daily structure. the price formed an inverted head and shoulders formation on 4h and broke above the horizontal neckline. now bullish continuation is highly probable. goals: 1.7 1.7042
The past week, 7 – 13 September, has been marked for the British pound with negative developments in Brexit trade deal talks. The British government made unilateral amendments to the deal signed last year by the EU and U.K., which, as it has admitted, ‘breaks international law in a very specific and limited way’. GBP/USD GBP/USD has dropped 483 points or 3.64%,...