GBPUSD Buy SignalPattern: Channel Up on 1D.
Signal: Bullish on the next pull back near the 1D MA200 base on a similar candle sequence in 2017.
Target: 1.33000 (right below the 1M Resistance).
Gbpusdsignals
GBPUSD - SELL NowYes its in overbought situation and "W" patter was created in the chart which is gives us strong sell opportunity.
Note: Trade at your own risk.
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GBPUSD - Buy Nowyes... GBPUSD buy now. if you can see when the price is coming from downward to upwards crossing the 0.618 fibo level its moved towrads to 0.786 fibo level and hope we can consider this time also will be happen the same. And trend is also bullish movement.
Note: Trade at your own risk.
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GBPUSD - LongPrice is retracing from 0.618 fibo level and in daily chart, previous candle was end with as a inverted hammer which is a bullish movement.
This is a long term trade.
BUY @ 1.22270
TP - 1.23276
SL - 1.21560
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GBPUSD - BUY Nowprice is retracing from one of major key level of fibo which is 0.618 and bottom bollinger band is moving away from the candles means its a bullish movement too.
TP's & SL is up to you.
Note: Trade at your own risk.
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GBPUSD Buy SignalPattern: Channel Up on 4H.
Signal: Bullish on multiple recurring formations. Channel Down broken off a Double Bottom, crossing above the 1D MA50.
Target: 1.2700 (expected contact with the 1D MA200).
GBPUSD Sell SignalPattern: Channel Down on 1D.
Signal: Bearish as the Resistance keeps the price contained within the pattern.
Target: 1.1700 (projected Lower Low of the pattern).
GBPUSD is painting Inverse H&S on smaller timeframe. let's watchAs highlighted, GBPUSD is painting inverse head and shoulders on smaller timeframe. a break above 1.2060 will give us long signal. right now, I'm watching. DXY is bearish and GU has been making new lows. hopefully, it'll take a breather now and change its trend.
GBPUSD Sell SignalPattern: Channel Down on 1D.
Signal: Bearish as it was rejected on the Lower High zone.
Target: 1.23800 and 1.22600 in extension only if the dashed line breaks.
GBPUSD Sell SignalPattern: Multiple Top Rejection on 4H.
Signal: Bearish if the MA50 is crossed by more than the former fraction that supported (June 10).
Target: 1.25600.
GBPUSD Sell SignalPattern: Inverse Head and Shoulders on 4H, Channel Down on 1H.
Signal: Bearish as the price was rejected on the top of the neckline and the 1H Channel Down is pricing a new Lower High.
Target: 1.2640.
GBPUSD Break out pointsPattern: 1D Channel Up.
Signals and Targets: Bullish if the 4H Lower High trend line Resistance breaks (red line) with TP 1.3500. Bearish if 1.2955 breaks with TP 1.2775.
GBPUSD Sell SignalPattern: Channel Up on 1D.
Signal: Bearish as 4H is on Lower Highs creating a Triangle.
Target: 1.3060 (Higher Low).
* If 1.2955 breaks it is a bearish break out from the 1D Channel Up. TP 1.2775.
GBPUSD Sell SignalPattern: 1D Channel Up.
Signal: Bearish after the pattern made a Higher High.
Target: 1.3110 (the inside supporting trend line of the Channel Up).
The long term Brexit effect on GBPUSD:
GBPUSD The Brexit effect long termHere I have put together the time-line of the Brexit related events and how those affected the price of GBPUSD.
GBPUSD was rebounding on its 7 year support zone when the Brexit vote took place, causing a lash crach on the pair.
The pair's strong bullish technical inclination (mixed with hopes of no Brexit) made it rebound again following the vote. It reached the pre-vote levels when May invoked article 50, starting the countdown, causing another crash on the pair.
The recent uncertainty on the parliament votes may have brought volatility back on the table. Will it make the upside attempt fail, causing a new crash? The pattern shows so far that it can. GBP's strong technical trend is now gone until this matter is resolved.
GBPUSD Buy SignalPattern: Channel Up on 1D.
Signal: Bullish after making a Higher Low.
Target: 1.3300.
GBPUSD Sell SignalPattern: Ascending Megaphone on 1D.
Signal: Bearish after the price was rejected on the 1W Resistance.
Target: 1.2900 (-3.36% pull back based on previous Higher Low).
GBPUSD Sell SignalPattern: Inverse Head and Shoulders on 1D.
Signal: Bearish near the 1.3300 1D Resistance and the RSI turning 70.000.
Target: 1.2830.
