gbpnok is bearishthe pair is reacting to trendline for a while where we see some bullish candles above that then go south toward specified target .
let see what would be the result of reaction
GBPNOK ShortGBPNOK is now net short on the regression break.
It is trading a in tight range and may move down to the lower consolidation area.
I am not taking this trade.
GBPNOK at Key Resistance – Potential Drop to 14.0670FOREXCOM:GBPNOK has reached a significant resistance zone, highlighted by previous price reactions and strong selling interest. This area has historically acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers step in.
The current market structure suggests that if t
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GBPNOK - Watching Key Support for a Potential Bullish ReversalFOREXCOM:GBPNOK is approaching a key support zone that has previously acted as a strong support for bullish reversals. With the current bearish momentum bringing price into this zone again, it presents a potential buying opportunity if buyers step in.
Signs of bullish strength, including rejection
GBPNOK Short on Regression BreakGBPNOK is now net short based on the regression break and is now forcing the resistance lows.
There is a low high just above and this now looking negative on the chart technicians.
Considering my options on EA's that maybe be suitable for limited risk activation.
GBP/NOK LONG: My Technical AnalysisDear Readers, Today I want to show you my long investment on GBP/NOK.
As a passionate analyst of the Forex market, today I want to share with you a strategy that I am following on the British Pound/Norwegian Krone (GBP/NOK).
The current setup is particularly interesting, as it presents consistent
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In
Market Outlook for GBP/NOKThe pair is consolidating near the 13.80–13.90 demand zone, presenting a potential reversal opportunity.
A rebound from here could target 14.05, while a break lower may intensify the sell-off. Price action in this area will guide the next trend.
Follow up for the end result.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of GBPNOK is 13.68352 NOK — it has increased by 0.01% in the past 24 hours. See more of GBPNOK rate dynamics on the detailed chart.
The value of the GBPNOK pair is quoted as 1 GBP per x NOK. For example, if the pair is trading at 1.50, it means it takes 1.5 NOK to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPNOK has the volatility rating of 0.26%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPNOK showed a −0.82% fall over the past week, the month change is a −1.65% fall, and over the last year it has increased by 0.49%. Track live rate changes on the GBPNOK chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPNOK right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPNOK technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPNOK shows the sell signal, and 1 month rating is neutral. See more of GBPNOK technicals for a more comprehensive analysis.