The GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...
The Cable (GBP/USD) is rising towards the pivot which as has been identified as an overlap resistance and could reverse from this level to the 1st support which acts as a pullback support. Pivot: 1.2853 1st Support: 1.2782 1st Resistance: 1.2888 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
GBP/CHF is falling towards the support level, a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.13765 Why we like it: There is a pullback support that lines up with the 38.2% Fibonacci retracement. Stop loss: 1.13144 Why we like it: There is a pullback support level. Take profit:...
GBP/CHF is rising towards the pivot which acts as a pullback resistance and could potentially reverse to the 1st support which has been identified as an overlap support. Pivot: 1.14118 1st Support: 1.13158 1st Resistance: 1.14620 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
Looking to form a bias but do not want to call it just yet for the week. need to see price give us a few more clues first.
GBP/USD Analysis: Bearish and Bullish Scenarios with Key Levels and Expected Price Movement The price is expected to trade in a bearish zone due to its stabilization below the pivot line at 1.28770, with an initial target of 1.28190. Bearish Scenario: As long as the price remains below 1.28770, it is likely to drop to 1.28190, and further declines could...
GBP/CHF is rising towards the pivot which is a pullback resistance and could reverse from this level to the 1st support which also acts as an overlap support. Pivot: 1.1411 1st Support: 1.1315 1st Resistance: 1.1462 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
EUR/GBP has reacted off the pivot and could potentially drop to the 1st support which is a pullback support. Pivot: 0.84419 1st Support: 0.84164 1st Resistance: 0.84589 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
Hey Traders, in the coming week we are monitoring GBPJPY for a selling opportunity around 199 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 199 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.27600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27600 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84600 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84600 support and resistance area. Trade safe, Joe.
EUUR/GBP is reacting off the pivot and could potentially reverse to the pullback support. Pivot: 0.84419 1st Support: 0.84164 1st Resistance: 0.84589 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
The price is currently reacting off the pivot and could potentially rise from this level to the 1st resistance level which is a pullback resistance. Pivot: 1.13180 1st Support: 1.12268 1st Resistance: 1.14032 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. FX:GBPUSD Key Points: Sell Entry: Consider entering a short position around the current price of 1.2916, positioned close to the...
hello dear trader With today's news, in my personal opinion, the upper and lower liquidity areas will be filled... After the Engulf of each area then correction, I am waiting to take a position stop loss need for any position good luck
H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the two strong support zones hold my short term view remains bullish here.
GBP/USD to Track 100-MA Slope? On Wednesday, GBP/USD traders will focus on the UK's July Manufacturing and Services PMI, expected to show slight increases. Although, more significant events will come from the U.S., including the annualized Q2 2024 GDP and the PCE Price Index. The Fed's preferred inflation gauge likely cooled in June, suggesting its efforts...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84300 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84300 support and resistance area. Trade safe, Joe.