Trade Idea: Selling GBPJPY
Reasoning: GBPJPY rallied to a 78.6% Fibonacci level and the 20Day Volume point of control.
Entry Level: 160.01
Take Profit Level: 156.78
Stop Loss: 156.78
Risk/Reward: 2.5:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
The bearish combination of a possible double top and broken rising trendline suggests GBP/USD will test the neckline of the pattern.
If the double top completes, the price objective is 1.3120
$GBP - What shall we do now?
GBP - Since we hit below 1.14 - 1.10 it's really been a one way for this pair and it could continue...However, we have options!
1 Emergency rate hike
2 Intervention
3 IMF
4 Fiscal spending
5 Swap Lines
Now these are the options technically speaking we filled gap around 1.09 this morning, I expected 1.06 on table during open...
GC makes a good case to buy here on the daily chart, after breaking the downtrend we have since seen the MA50>MA200, indicating a switch in the trend in candle closes, with the last 50 closes closing higher than the 200 closes previous, we have seen price move back to the MA50, and has since broken TWAP also, we can look for buys here and try make a new high. Oil...
Next week is a big one for the pound, and by extension the EURGBP. Assuming there are no fundamental surprises in data I’m expecting the EURGBP to move lower. Analysing the volume and the divergences between the current price moves and indicators suggest that this recent move is beginning to run out of steam. That being said, I wouldn’t be surprised if the pair...
EURGBP will push to the downside after filling the imbalance on the daily chart.
We have a OB on the 15min, which is about to hit.
Waiting for confirmation on a lower TF (5min or 1min or 30s).
What do you guys think about this idea?
Do you think we will move lower or even higher?
Please comment your thoughts and dont forget to like! :)
Trade Idea: Selling GBPUSD
Reasoning: Head & Shoulders Top
Entry Level: 1.2057
Take Profit Level: 1.1722
Stop Loss: 1.2151
Risk/Reward: 3.52:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
GBPUSD - Intraday - We look to Sell at 1.2270 (stop at 1.2335)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. Preferred trade is to sell into rallies. Although the anticipated move lower is corrective,...
GBPCHF - Intraday - We look to Sell at 1.1420 (stop at 1.1470)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
EURGBP short. We took out the liquidity and are close to fill our OB on the 15min Chart. We could see a drop on EG for the next days/week.
What do you guys think about this idea?
Can we see the price dropping or will we see a push upwards?
Please like and comment what you think!
The British pound has staged an impressive 18% rebound since its September's lows and is now entering a pivotal week given the upcoming Fed's (Wednesday) and BoE's (Thursday) meetings.
Even though the latest signs of economic activity are mostly better or in line with expectations, they actually show that the economy is slowing down and that a recession is...
GBPJPY - Intraday - We look to Sell at 167.35 (stop at 168.30)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The 200 day moving average should provide resistance at 167.30. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look...
After some good price action and changing Charachter we have a possible sell on EURGBP.
Asia Range filled yesterday and price dropped to create a new LL.
Waiting for the Price to come to our OB (Order Block) @ 0.86369 between 0.86424 and fill the small Imbalance under the OB.
Entry: 0.86369
SL: 0.86469 (10 Pips)
TP 1 is 3% which is the Asia low from Today (30...
HELLO GUYS THIS MY IDEA 💡ABOUT GBPUSD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason...
GBPUSD - Intraday - We look to Buy at 1.2075 (stop at 1.1990)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has the potential to return. The trend of higher lows is located at 1.1900. The preferred trade is to buy on dips.
Our profit targets will be 1.2325...
