Based on various data analysis like fib, structure etc. I see a potential sell opportunity in GBPJPY at the marked area.
Kindly do follow your own analysis as this not a trade recommendation.
FOREXCOM:GBPUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Pound has broken above the supply zone after forming a rectangle bottoming out pattern. It sustained above the supply zone and has also rallied from there confirming the change in trend. It is now re-testing the 200 period moving average on the hourly charts with the momentum at the mean. With plenty of support and the MA being here it looks like a good entry...
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
GBPUSD monthly chart looks like it's printed straight out from a Beginners' Trading book and honestly, it can't get any easier than that.
Well then, what would you do?
Look for a swing long position at retest once its able to break through resistance and price moves back inside the range.
Also, considering that the monthly close is in 3 days from now, it...
FX:GBPUSD
Hi Everyone
Sorry for absence for so long. Actually i was busy in forex trading and working on something so it took some time in doing experimenting. But will make some time on daily basis and try to help you as much as i can with my charts.
This is an chart of British pound/ US Dollar. As you can see GBP/USD is falling for sometime now or you can say...
Analysis for GBPUSD. It has gone under correction zone with wave . Assuming a flat correction here still its not confirm either lets see where the market heads making a clearer picture to get into trade.
This is clearly my idea and don't claim any signals, trade according to yours lookout and analysis
Happy Trading
Thankyou
Overall, GBP/USD is trending downwards.
Currently, GBP/USD is testing to break below the key level of 1.31. Its next support zone is at 1.30400 and the next resistance zone is at 1.32200.
Look for short-term buying opportunities of GBP/USD.
