Pullback expected to 0.68817. Bullish price action at or around this level will confirm our long entry to 0.70656
GBPUSD is in a correction phase. Short continuation expected to 1.27230 a break below opens up the downside to 1.25870. A rejection of 1.27230 will lead to bullish momentum up to 1.29812.
Bearish price action expected to 0.98145. Bullish price action at or around this level will confirm our long entry up to 0.99075.
We have a bearish outlook over the short term. While we have been waiting for 109.303 to enter a short any evidence of bearish price action at or below this level will confirm our short entry to 106.971 A break above 109.303 opens up 109.706 on the upside.
The current pullback appears to be completed. We are confirming bearish price action to enter short position to 0.98154 & 0.97521
The current pullback is nearing completion or already complete. Waiting for bullish price action to confirm our long entry to 0.64452 & 0.64991.
The current pullback appears to be complete. We are waiting for bullish price action to confirm our long position to 0.69000. A daily close above opens up 0.69993.
The current corrective pullback is still underway. Further declines to 1.2750 & 1.2702 expected. A break below opens up further downside to 1.25233. If 1.2702 hold support 1.3022 & 1.3087 become targets to the upside.
Current Pullback is nearing completion. We are awaiting bullish price action to confirm our long entry to 1.1213 and 1.1248.
Pullback expected up to 1.3119. Waiting for bearish price action to confirm our short entry to 1.3038. A close below target area opens the door to further downside to 1.2956.
Bearish Outlook. Pullback expected to 0.99052. Bearish price action is needed to confirm our short entry to 0.9750.
Bullish Outlook. Bearish pullback expected to 108.05. Waiting for bullish price action at or around this level to confirm bullish entry to 110.65
Bearish Outlook. Pullback expected to 1.3150. Bearish price action at or around this level is need to confirm our short entry to 1.30020.
Bullish Outlook. Bullish continuation expected up to 0.64908. Bearish price action at or below this level will set up a counter trend short on the daily TF to 0.63550. Bullish price action at or around this level will begin the long continuation.
Bullish Outlook. Bullish continuation expected to 0.68842. Bearish price action at or below this level will confirm counter trend trade on the daily TF to 0.67466. Bullish price action at or around this level will confirm long continuation.
High Volatility Expected. A failure to close above 1.30889 opens the downside to 1.27517. A break below 1.2751 opens up further downside to 1.2474. (1.32009 is next resistance level if 1.30889 turns support).
Bullish Outlook. Bullish continuation expected to 1.1213. Bearish price action at or below this level will confirm counter trend trade on the daily TF to 1.11103. Bullish price action is needed at or around this level to confirm our long position to 1.1248
Pullback expected to 1.3249. Bearish price action at or around this level will confirm our short entry to 1.3150 with an extension to 1.3100.