sterling

GBP JPY has been falling as USD has been falling (GU up x UJ down = GJ Down). It rejected a major monthly/weekly zone with a double top pattern and shattered the previous upward trend line support early last week and has been dropping since. I expect more downside to hit the daily demand zone then maybe consolidate between these 2 major zones plotted until price ...

We pulled now back in our 40PIP´S FIB region to create that FIB C Leg. We also rejected of H4 Support 1.2970 and break CTL so far. Can we see a clear bull close above 1.3010 on next H4 close ? Then we may reach our Targets at first 1.3120 and second at 1.3170. Keep your eyes on the Charts..!!

Long trade just entered on FX:GBPUSD. Lets see how this goes :)

Swing offer trade setup on GJ for this month. Short on GJ. Entry: 146.000 SL: 148.000 TP: 140.000 Make it rain. Cheers!

GBPUSD has somewhat bottomed out, forming at base between 1.22 to 1.26 over the past weeks. The pair retested 1.26 after a clean breakout of the trading range, potentially huge upside here with minimal risk.

GBPUSD double bottom on a smaller time frame, expects a rally after a correction,supported by a 50DMA near 1.2870, so until prices closes below 1.2845 expects a rally

On Daily we saw a decent structure retest of the broken CTL. It´s also our 38% FIB area at Daily Support zone at 1.2900. If we now see a full SMA cross and break of our currently Resistance at 1.2938, then we can entering a Long position. First Target is 1.3000, but if it close strong bullish above Monthly Resistance, we may can see the move to 1.3100. Let´s see ...

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I think we get a bit more strength from sterling against the dollar, but we are reaching a pretty pivotal point. My call is we sell-off there but the dollar needs to start finding support to confirm this

We just broke out of the TL. Looking for a small flag on lower TF to confirm the move but once price gets to the .618 mark ill be looking for price action for a sell

Despite Mark Carney's best efforts to devalue the pound each time he opens his mouth, I think the outlook for the Pound is becoming more positive. There are two factors underpinning this: 1. The Bank of England has a dual mandate - to stabilise prices (keep inflation under control) and promote strong growth and employment. Inflation is at 2.9% while Unemployment ...

Lista para subir durante el verano.

On the daily we see a break and retest of the resistance. Looks like the bears are running out of steam and showing slight divergence on the RSI. This could be the beginning of the third wave. Long term can add up to 3000 pips on the elliot wave. It's already reached a record low and the higher highs and higher lows have kicked in. BUY!

GBP fell hard after being announced that there would be no rate hikes anytime soon. I am expecting good buy opportunity around the 50% fib and the 1.25 area. if it breaks we could see gbp head all the way back to 1.20 area

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The sterling has bounced as expected into the resistance trendline and has since been resuming its downtrend. Last week elections contributed to the downmove but today's CPIs have lifted the Sterling from support. I would expect a corrective bounce over the next few days(continuation pattern). If GBP is working on a LT bottom, I expect it would take some time to ...

I am seeing a breakout soon for this. GBP will need more time to recover after last Friday election. I am looking around TP1 - 0.8900 TP2 - 0.9050 TP3 - 0.9120 **Watch out for this week FOMC Statement & BOE Rate Trade Safe and Smart! ;)

GBPJPY is showing a nice buy setup on the 4 hour time frame and its also forming a cool bullish wedge on the daily time frame. You can see that its has been trading nicely in its range now and is now inside that range also forming a bullish wedge from which its about to break-out.