The triple bottom is a bullish reversal signal that can signal the end of a downtrend. In this case, the triple bottom indicates that the price of GBPCHF has found support at a certain level and is now reversing to the upside after three consecutive bottoms. This can be an indication that the downtrend has ended and a new uptrend is beginning. Therefore, it is a...
GBPUSD Form Ascending Chart Pattern and After falling from his Major Resistance getting support at lower levels and now get straight towards his Major Resistance with the help of Trendline Support… Now GBPUSD at its Crucial Level and soon it Can Break The Major Resistance….!!!! Looking at below volumes Majpr Players are Building there positions there… We can see...
GBPUSD has support around 1.16 and currently under bearish trend. Watch out carefully.
Now GBPCHF is Trading in Ascending triangle channel And Its Test Lower trend line Support Area . If GBP/CHF Hold This level then we can see good movement in GBP/CHF Coming days . Trade With Your Risk management And Use Stop loss .
If you're trading in the foreign exchange market, then you'll want to keep an eye on the GBP/USD pair. The pair has been looking very bullish lately, and it looks like it could be on the rise. This is good news for those who are looking to make some profits in the Forex market. The GBP has been steadily gaining strength against the USD, and this could mean that...
GBP INR FX_IDC:GBPINR . After hitting lows in september , GBP INR is trending upwards on weekly time frame indicating fresh momentum building up. It is in favorable spot for low risk trade with tight spot loss 91.
Pound is bullish due to macroeconomic release buy only on breakout with retest. Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered...
Can place a long in this zones with given sl or sl below orange line. Quite risky .
GBPCHF is continuing downtrend on the 4 h chart. So that the only open SELL trade this time. Today market close and this pair price 1.11409 on current time, And retest again on the 1.2200 key level. My first target 1.09300 and second target 1.05200.
In just two trading days, the probability that the sterling will fall to parity against the US dollar increased to 60% on Sept. 26 from 32% on Sept. 23 after the UK government's announcement of new tax cuts elevated concerns for the country's economy. Bloomberg estimates that the GBP/USD will have equal value before the end of 2022, based on sterling-dollar...
WE have predicted this pair to move up 80 pips and then make a downward move of 296 pips hopefully this trade will make the pairs analyzing more easy and fortunate
Hello Traders, Hope you all are doing good!! I expect GBPCHF to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
we are able to see the momentum for sell and it is going for the sell and has reached the point which it did not reached from last 22 years so the value of GBP pair is decreasing day by day and still we can see a downward movement in it from here till 98 pips down for now and mush more if the point is been crossed which we labeled as target point and if its get...
GBP/USD try to fill the imbalance...it is in downtrend but now it is going against the trend to fill the left orders...it is a high rr 1:23 buy setup
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1658). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCHF is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Midterm forecast: While the price is above the support 1.52450, beginning of uptrend is expected. We make sure when the resistance at 1.60016 breaks. If the support at 1.52450 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 1.60020 on 06/17/2022, so more losses to support(s)...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1683). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1628). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...