British Pound / U.S. Dollar GBPUSD

GBPUSD is approaching its support at 1.3004 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.3085 (38.2% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is approaching its support at 2.2% where a corresponding bounce could occur.

The Tidal Shift Strategy has just sold GBPUSD at 1.30193. The system recommends entering this trade at any price between 1.30006 and 1.30381. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.58344, which suggests that the GBPUSD could be trending downwards.The 14-period ...

The pair has broken an area of support amid higher volumes (smart-money acceleration) as depicted by the trendline at the bottom of the chart. The next target for the ongoing selling campaign can be found at 1.30 round number, as per the 100% fib projection target. As long as the descending trendline is commanding prices lower, the market remains bearish . ...

Looking for GU to bounce in London Friday session, and then resume downtrend in NY session. Entry possibilities are the Red zones of interest. Take Profit are the Green Zones of interest. The EW waves drawn are the type of behavior I am looking for. But if some Brexit news comes out to add even more uncertainty, I will add shorts immediately. Background: I ...

GBPUSD

GU Back to support zone-- DXY hitting Top resistance-- its good RR for GU longs here --give it a generous sl if it decided to go for stop hunt and move stops to breakeven as soon as you feel you are in comfortable position--- saving your capital is the goal--profit will come anyways :)

GBPUSD

Hello Traders, Here is a simple price acction analysis on GBPUSD. Price is now consolidating in a rectangle pattern and a breakout to the downside is very likely. Instead of using support & resistance as exit levels, using fib. extension as an alternative is also an option. I wish you lots of successful trades. Kaetea Ng

GBPUSD potential Short

see on screen details i am quite expectant on this one

Price initially broke the bearish channel back in October 9th. Since then price has been trading above the previous trend structure, despite dropping as much as 1.5% last week. Now price is testing the support level or the neckline of the October 9th breakout. In addition, volatility and volume has been declining over the past few days, indicating that a big move ...

GBPUSD BUY

meet symmetrical triangle support

GBPUSD overall, a very bearish pair but we are looking for price to pull back.

Neutral Triangle

I believe us to be in a double correction here. Wave W was a Zigzag, and now Y is forming a 3,3,5 pattern. Textbook Elliot wave, alternation between corrective structures. 90% to 1.236% is the fib zone where this pair will go bullish. The next zone indicates our target. Goodluck!

this pair has been trending for three days since Teusday, through Wednesday, Thursday and today will be the end of week reset. End up breaking the weekly trrend for a new next week trend.

The British pound has broken sharply to the downside against the US dollar, after Brexit negotiations between the UK and EU once again ended in uncertainty. The GBPUSD pair has now moved below the neckline of a bearish head and shoulders pattern, with a downside projection of over two hundred points. Buyers now need to defend the 1.3000 support level or risk ...