Time Frame: 4H Symbol: GBPUSD Entry: 1.12519 TP: 1.10268 SL: 1.14195 Bias: Short We are bearish for this instrument. The price level might drop from the current level.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral The current price pattern of this pair is showing a weak market condition. The dynamic support and resistance also not displaying any edge to go for a strong trading opportunity. Considering the current volatility and the oscillations in the market , we have tactfully projected the trade set ups.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15283 TP: 1.12535 SL: 1.17090 Bias: Short The price pattern of this instrument is suggestive of a range-bound and low volatility set up. We are not very optimistic about any strong directional opportunity. We have projected in the chart according to impulsive move structure.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15166 TP: 1.12864 SL: 1.17090 Bias: Short We have no major directional bias. Dollar will remain strong in spite of all difficulties. We assume that the dollar will strengthen further and the other currencies related to it will decline in recent weeks.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15418 TP: 1.12550 SL: 1.17394 Bias: Short The price pattern of these instruments is getting more range bound and offering less scope to take a bigger or bold directional steps. The price levels are hardly getting broken due to lack of fervor in the market. Our goal is to seek opportunities from the inefficiencies that...
Time Frame: 4H Symbol: GBPUSD Entry: 1.15863 TP: 1.12968 SL: 1.18391 Bias: Short The current price pattern of the forex pair is denoting a paradigm shift because of recent price fluctuation. The study of recent support and resistance proves that the course of price action will abide by our projected trajectory.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15719 TP: 1.12851 SL: 1.18126 Bias: Short The dynamic support and resistance of the instrument is showing a possible price drive towards the projected area. We are more interested in the spots that we have drawn on chart and trying to align our goals according to projections.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We do not see any strong opportunity here for this pair. We vote for a neutral position.
Time Frame: 4H Symbol: GBPUSD Entry: 1.13223 TP: 1.10500 SL: 1.15226 Bias: Short As we see the pair is showing an overbought level and this may result is a reversal and therefore our eyes are on bearish side.
Time Frame: 4H Symbol: GBPUSD Entry: 1.11824 TP: 1.09223 SL: 1.13779 Bias: Short We are bearish for this pair. There is a high probability of a strong price fall following by the current price oscillations that we have seen recently
Time Frame: 4H Symbol: GBPUSD Entry: 1.12083 TP: 1.09386 SL: 1.14637 Bias: Short The pair is not well suited for major trending trades. We can consider the micro trends and follow the micro level opportunities keeping pace with supply and demand and follow the projected trading set ups.
Time Frame: 4H Symbol: GBPUSD Entry: 1.13705 TP: 1.16921 SL: 1.11020 Bias: Long The zigzag price pattern of the current set up is denoting a weaker trend in the market. As we do not see any strong price pattern here, we cannot forecast any strong price projection. However, our main strategy is to avail opportunities from short term price fluctuations.
Time Frame: 4H Symbol: GBPUSD Entry: 1.12976 TP: 1.15905 SL: 1.10977 Bias: Long For the instruments related to FX pairs, our core focus is in dollar strength. As we see dollar is quite powerful for several months at a stretch. The tempo of dollar is never declining but the traders must be careful in dealing with mercurial price fluctuations all along...
Time Frame: 4H Symbol: GBPUSD Entry: 1.12640 TP: 1.10136 SL: 1.14809 Bias: Short We are bearish for this pair. There is a high probability of a strong price fall following by the current price oscillations that we have seen recently.
Time Frame: 4H Symbol: GBPUSD Entry: 1.11921 TP: 1.07841 SL: 1.14958 Bias: Short The movement pattern of price across all pairs is going through a phase of bearish attack. Because of upcoming depression as is predicted by IMF and World bank, the global financial crisis is looming around which will have direct impact in many markets including stock, currencies...
Time Frame: 4H Symbol: GBPUSD Entry: 1.11128 TP: 1.13485 SL: 1.08553 Bias: Long We are long for this excellent opportunity. We can see a high probability trading opportunity from the current price level.
Time Frame: 4H Symbol: GBPUSD Entry: 1.111 TP: 1.132 SL: 1.108 Bias: Long We are bullish for this instrument as price is oscillating between two extremes, there is a possibility of moving upward.
Time Frame: 4H Symbol: GBPUSD Entry: 1.10860 TP: 1.07896 SL: 1.12855 Bias: Short The possibility of phenomenal price swings is meagre. We do not see any significant bias in either direction but we want to exploit some sweet spots from the low volatile market conditions. Considering trend, momentum and various fundamental factors, we have decided to project...