It looks like GBPUSD is in the channel. I expect the price to finish its correction once it breaks through 1.22846 If it breaches through, we may expect the price to rise to 1.24600 and from that level to wait for either breakthrough of the major channel or bounce off to weekly support. If the price remains below 1.22846, then you may keep your selling orders
After breaking the 134.500 level, the price made sure it would head bearish. At the moment there is a triangle shape with a possible further drop to 131.300 level.
GBPUSD has created a divergent uptrend structure in the intraday perspective with confirmation of a Higher Low. The expected level of growth is at 1.23000
USDJPY fixed above the support level, a new expected level of growth is at 137.304 SL 134.100 TP 136.587 Entry 134.503
There is an opportunity to sell OANDA:XAUUSD once price breaches through multiple support levels, which are: 1837.044 Fibbo level and 1828.961 support level from a previous higher low. An approximate target could be sought as per the denied raising triangle shape to its bottom. If the price rejects then, we are looking for 1900.071 target psychological level...
EURUSD followed the pattern of the wedge and broke the upper trendline. As we may know, the breakthrough has to lead to the start of the wedge. However, this target is too far; therefore, the first swing point is expected at 1.19025, which is also the first target. Entry - 1.17968 TP - 1.18938 SL - 1.17310
At the current state of downtrend trade, we expect the last point to be on the major level 0.70310, which is also lined up with Trend-Based Fib Extension (0.382).
Entry - 1.20312 Target - 1.21692 Stop loss - 1.19962