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Gbpshort

GBPJPY SHORTHello guys, since the GBP is dropping big time since that the interest rates of 1.75% was the only way to save the currency from a giant drop. What does this mean in short term and long term. Short term: We're going to see alot of market manipulation trying to pull the currency upwards. Long term: Interest rates does not work on the long term, at a slow pace we will see that the bullish phase will die out which makes the currency GBP drop. If you have any ideas about this or tips please let me know in the comments.
Short
by RoyalTradingPRO
2
GBP/NZD Fundamental, Technical & SignalFUNDAMENTAL ANALYSIS GBP/NZD Price Impacting Economic Events *( GBP upcoming events are important and leading economic indicators and WILL impact price during trade, increasing volatility and unpredictability ) ……………………………………………………………………………………. GBP TODAY Economic Events: - Unemployment Rate ( 3.8 same as previous ) - Unemployment Claims ( -20.1k higher than previous ) GBP Upcoming Economic Events - Year over Year inflation rates ( Forecasted 9.5, .4% higher than previous ) - Gfk Consumer Confidence ( Forecasted -44.0, -3.0 lower than previous ) - Retail Sales ( Forecasted -0.2%, -0.3% higher than previous ) - S&P Global/CIPS Manufacturing PMI Flash ( Forecasted 51.9, .9 lower than previous ) *GBP Economic Condition Thesis: Peak - Early Contraction - Overheated/reached peak, BoE ( Bank of England ) recognized, understands and expressed the upcoming of a slowing economy through forecasted rates for economic announcements. ……………………………………………………………………………………. NZD Previous Economic Events - .5% interest rare hike, total 2.5% interest rate - Business NZ PMI 49.7 ( falling below 50 supports contraction phase in equities market. Lowering earnings, income and free cash flow ) - Year over Year inflation rate 7.3%, higher than forecasted and previous - Quarter over quarter inflation rate 1.7%, higher than forecasted and lower than previous NZD upcoming economic events: - Balance of trade ( 398M forecasted to be higher than previous ) - ANZ Business confidence ( previous -62.6, supporting consumers decisions to spend less ) NZD Economic Conditions Thesis: Established contraction phase from reaching peak . Increasing inflation addressed with dovish interest rate hike. BUSINESS PMI and Confidence levels are well below healthy conditions supporting contraction phase in New Zealand's equity market caused by declining consumer spending and higher prices for goods and services. ………………………………………………………………..……………………. TECHNICAL ANALAYSIS Price Action: - Trading above Mid Term Downtrend( 8 months ), within short and long moving averages and near 52 week lows. Volume: - Relatively more selling than buying in most recent sessions and 1 random spike in both buying and selling volume above average 2 days short of 1 month. RSI: - Neutral between 50 - 25 Oversold Vortex: - Converged and starting to form a bearish cross above bullish trend momentum. ………………………………………………………………..……………………. SHORT SIGNAL: - Sell Limit 1.96600 - Profits 1.92700 - 1.89500
by charrison4300
FOREX SCHEDULEWhen the MONEY SWING HAPPENS the route BEGINS: The fake out to clean out BUY side liquidity. Then DIP to create low of the session. A Few Set ups will present afterwards. As Snipers we are trained to snipe with no hesitation. Our entries rarely have draw down because we trade with the INTERBANK ALGORITHM that provides price delivery for the Forex Market. We KNOW the schedule. We then leverage this wisdom to create our OBJECTIVE formulas and strategies to extract as many pips out of every move that the market makes at the BEGINNING of the move. TIME & PRICE are the only TWO indicators you need. Add in confluence of MACRO & MICRO PP. Consolidation zones (areas of liquidity where TRUE STRUCTURE resides.) You have the framework to build any set up to trap price for the snipe. Past price action tells the narrative everyday for future price action and set ups.. Because price is predictable just like the cycles of the year and the Morning and Nighttime. They come regardless. This is the same with FOREX. A 3-5 PIP ThresHOLD will keep you in the game and allow you to adjust if your set up shows signs of not holding up. Never over leverage. Trust your trade set up. Have Fun!
Short
by Master-Jedi-Trader
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Uptrend in green color (LONG TERM) We have 1 Downtrend in red color (LONG TERM) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). Yellow Levels are levels from my past ideas published or levels that were respected from the past. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham
GBP\USD The Great British Pound will become great againBut a little later. The chart is still bearish; I see no reason to explain the direction. It's just another opportunity to ride the wave. Yes, we have unfilled imbalances (Fair Value Gap) upstairs, which can be a magnet for the price, but they must remain untouchable until the price reaches the mark 1.97. Sure, if the pound does not want to die. Why? Cuz price delivery must have a reason. A filled imbalance from above will mean that the price has no reason to go higher in the near future. Is it possible? Yes. But! We have a synchronized bearish trend (Monnth>Week>Day>4h) and a powerful imbalance magnet down below. In case we close even the daily candle above 1.264 this will mark the start of a bullish cycle. But bullish cycle from where? Partial liquidity grab from low of May 2020? Looks like a trap for fake optimism. The true purpose is to fill the imbalance below. What will happen after that? I'll tell you if the bull trend starts. Conservative trade - stop above daily sponsored candle 1.264 Aggressive trade - stop above "buy to sell move" 1.258 I am a day trader and will look for entry into a position intraday on lower timeframes, but you can search for shorts inside the zones that I marked on the charts. Friendly reminder. Respect the risks and try to enjoy the process. Good luck folks <3
Short
by vuspenskyi
1
GBP/USD - Short Sell Fundamental and Technical Set UpThe British pound continues to come under selling pressure as the UK grapples with high inflation, caused by high energy prices, supply chain issues, and a cost of living crisis forcing consumers to lose confidence in their future economic prospects and drastically cut back on spending. The UK economy is expected to fall into a recession, whilst a recession in the US is still under debate given the strength in the labor market. I am looking at taking a short sell position below $1.28 on the exchange rate.
Short
by KayansMarkets
1
GBPJPY Reaching Weekly Resistance / Volume ClusterGBPJPY is Arriving at a weekly Volume Resistance. lets see how the price behave at this level marked on the chart. There are also high impact news today and tomorrow on Pound and Yen. I am short biased but still the price is in an uptrend so I am waiting for a correction of at least 150-200 Pips. The MACD also shows a divergence on a 2hr time frame and a heavy bearish divergence on 1hr. stop loss should be 45 pips. Good Luck! Trade responsibly. Use proper Risk Management.
Short
by Pak_shaheen