Buy Limit @ 1.45 SL. 1.434 TP. 1.457 1.463 1.47
On the GBP.USD 1h chart we have one potential long & two short opportunity's at the D leg completion of a Bullish & Bearish Cypher & Gartley pattern Bullish Gartley Pattern (White) - D leg completion 1.4409 Bearish Cypher Pattern (Blue) - D leg completion 1.4601 Bearish Gartley Pattern (Purple) - D leg completion 1.4637 The PRZ zone is only a guideline of where...
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Contracting triangle . a chance to get involved long
GBPUSD in the short term is making Higher Lows and Higher Highs.. So I consider this to be an Uptrend. Everytime Price has pulled back to support I've bought. I just added my 3rd contract here since my other (2) Contracts are already at Breakeven. Stops - 1 ATR Below last swing low AND below the 1.44 even handle. Target#1 - Retest of most recent highs Target...
GBP has return to bullish trend, buyers have taken us above 1.4510 so, we are long.
Buy @ Market 1.4305 SL. 1.4345 TP. 1.445 1.45 1.455 1.46 1.465
-IM STILL BULLISH ON THIS PAIR AT THE MOMENT -FIB 0.618 MAGIC RETRACEMENT IS THE AREA I WANT TO HOLD TO SECURE A LONG -A B C D STRUCTURE HERE -THE NARROW BLUE BOX YOU CAN SEE IS A KEY LEVEL HAVING BEEN STRONG RES NOW SUPPORT -FIRST TARGET WILL BE WEEKLY RES 1.4760 IF THESE ARE HIT WILL TAKE PARTIAL PROFITS AND THE NEXT TARGET WILL BE FIB LEVELS.
-BULLISH HERE -ABCD STRUCTURE IN PLAY -WEEKLY SUP HELD -0.618 FIB HELD -UPTREND
The British Pound retains a strong upward tone after of the BOE's economic policy statement, trading a handful of pips above the fresh 4-week high posted last Wednesday, and pressuring the 50% retracement of the latest daily decline between 1.5239 and 1.4078. Carney says the Bank of England expects real incomes in the UK to grow solidly this year, after several...
Buy @ Market 1.4595 SL. 1.4575 TP. 1.466 1.4695
GBPUSD had a breakout of the range it was in to the upside. Looking to buy pullback. -First possible aggressive (more risky) entry at 1.455 -Second possible entry at the bottom of the pitchfork channel in the range of the Fib between 1.448 and 1.452 As long as we kinda stay in the pitchfork formation we are good for longs. Targets to watch if we break to the...
Buy Limit 1.433 SL. 1.43 TP. 1.4375 1.44 1.446 Closed earlier deal with 50 pips profit from 1.535 to 1.54
Buy Limit : 1.42 SL. 1.40 TP. 1.431 1.437 1.46 1.48
Please find the market trend of GBPUSD. Resistance is at 1.4446 if its break it will go bullish. Support is at 1.4395 if its break then will go bearish till 1.4325. - IMPORTANT NEWS TODAY: WED, FEB 03 12.00am NZD : RBNZ Governor Wheeler Speaks 12.30am AUD : Building Approvals m/m (Actual 9.2%, Forecast 4.8%, Previous -12.4%) AUD : Trade...