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Pound

GBPUSD further downside expectedThe British pound is under heavy downside pressure against the US dollar, with the pair now trading at its weakest level in over eight weeks. The GBPUSD pair is heavily bearish while trading below the 1.2960 level and is likely to fall towards the 1.2880 level. The four-hour time frame is showing a large head and shoulders pattern, with the GBPUSD pair now trading below the neckline. The GBPUSD pair is bearish while trading below the 1.2960 level, key support is found at the 1.2880 and 1.2840 levels. If the GBPUSD pair trades above 1.2960 level, key intraday resistance is found at the 1.2975 and 1.3000 levels.
by OctaFX_Official
Don't miss the great buy opportunity in GBPCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3196). 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 uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 1.3329 TP2= @ 1.3415 TP3= @ 1.3815 SL= @ 1.3170
Long
by ForecastCity_EU
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=144.95. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.9. TP4: R2=146.35. Set the stoploss of these orders at breakout of S2=144.75. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=144.75. In this situation, there is an expectation to reach the target S3=143.7. Set the stoploss of reverse orders at breakout of S1=144.95. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=146.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148. TP4: R2=148.4. Set the stoploss of these orders at breakout of S2=146.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=146.2. In this situation, there is an expectation to reach the target S3=144.75. Set the stoploss of reverse orders at breakout of S1=146.8. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
4
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=138.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=139.55. TP4: R2=140.1. Set the stoploss of these orders at breakout of S2=138.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=138.55. In this situation, there is an expectation to reach the target S3=137.5. Set the stoploss of reverse orders at breakout of S1=138.75. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=147.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148.6. TP4: R2=149. Set the stoploss of these orders at breakout of S2=147.3. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=147.3. In this situation, there is an expectation to reach the target S3=146.2. Set the stoploss of reverse orders at breakout of S1=147.55. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=147.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148. TP4: R2=148.4. Set the stoploss of these orders at breakout of S2=146.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=146.95. In this situation, there is an expectation to reach the target S3=145.85. Set the stoploss of reverse orders at breakout of S1=147.2. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2725. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.2815. TP4: R2=1.2845. Set the stoploss of these orders at breakout of S2=1.2695. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.2695. In this situation, there is an expectation to reach the target S3=1.2595. Set the stoploss of reverse orders at breakout of S1=1.2725. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
GBPUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.288. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.28. TP4: S2=1.275. Set the stoploss of these orders at breakout of R2=1.292. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.292. In this situation, there is an expectation to reach the target R3=1.303. Set the stoploss of reverse orders at breakout of R1=1.288. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Short
by ForecastCity
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=147.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148.4. TP4: R2=149. Set the stoploss of these orders at breakout of S2=147.35. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=147.35. In this situation, there is an expectation to reach the target S3=146.25. Set the stoploss of reverse orders at breakout of S1=147.6. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity