Timeframe H4: Entry of bears in the market during london session. Timeframe H1: Possible support could be 1.2669. Alternative view: H4: A break above 1.2780 qualifies bulls continuation to the upside.
Hello Traders. Another week is here to maximize market opportunities. GBPSD has been in a range zone. Zone ranging 1.2750 & 1.2700. Previous week we saw bears breaking support zone then closing the week back at resistance level 1.2745. Support Zone 1.2700. All systems from my POV look green for bears on H4 timeframe. Bulls would only confirm a continuation if...
Hello Traders, What a suprise from FOMC Minutes yesterday during New sessions, not so much volatility invloved in the markets focusing on #GBPUSD. H4 POV 1. Level 1.2700 is currrently our potential support. 2.Bulls pushiing higher 30 pips above support. 3.Bears to be scalping in and out for small wins. A close above 1.2765 would confirm strong bulls are here...
H4 formed support during London session, Towards the high of the week we have a 45 pips range. Down below we have a 32 pip range. A close below H4 support could open doors to close the 32 pip gap. Movement up might target our weekly high. London open bulls are still painting.
Pound has been challenging to break of 1.2643 level. Spikes from CPI and Dollar economic data tried but were not successful. Still expecting a drop towards 1.2500 levels
Price on H4 is showing bullish momentum. London session experienced some support. Possible resistance could be around 17780
Looking back previous trading week. Price action was trying to tap 1.2643 but failed to during last week trading session. Monday london session 1.2643 was tapped and bears came in with volume. CPI ahead and all my expectations on levels 1.2575 and 1.2535
Tracking back the pound against the dollar on H4. NFP tested 1.2750 levels forming another lower high. This week trading volume saw bears push the market down 100ppis during Monday trading sessions. Could this be a lower low formed as markets beings to look for resistance above and around 1.2640 levels
Overall look at the pound against the dollar.Price has been forming lower highs from early January. Last week Friday saw another tap to the higher side forming another lower high around 1.2750 could this be a stretch towards lower level of 1.2550
Markets After CPI. Market Open ! Price action on GBPUSD has been on a tight leash with a 250 pip range zone playground. Early year volatility could be slow however, on the flip side good volatility was seen during previous week economic data on Wednesday and Thursday. Price left signs of bullish expectations with the weekly candlestick clos e. Could this...
CPI news ahead newyork session. Bulls about to change the narrative. First target 1.2842
New year has not changed what the market has to do. Bulls coming in from London's session. Potential target on those highs.
Interesting bulls building up for the greater good. You an join in the ride to resistance levels. Lets roll
FX:EURJPY Signs of bears pushing down are not clear as per my opinion. Bull strength building up, possible targets could be 160. Lets roll.
FX:GBPJPY Bulls seem to be dominating on the pound. Going long to possible targets around 186.70. Lets Roll