In my opinion this pair needs to retest the Support Region Before we start making any new Highs. Good luck !
It also looks quite similar to GU, Both following Upward momentum and it also can reach to 149 easy this week and that's going to be the next decision point, whether price will break or Stay low..
I think GBPUSD going to be bullish in the coming week and it can break the resistance and can reach the next one, Because in this timeframe it's simple following the bullish momentum and has bounced off the trendline third time.
I guess Counter-trendline has been broken and price just playing around retest region, Soon will be ready to fly
forming good double bottom at heavy support and could start rising from this point since also broken the trendline
Expect retracement on this pair before we continue bearish momentum
Expecting Retracments this week to resistance region before we start to make more lows.
Check the Following Possibilities on GU. Like and Comment your views guys ;)
Looks like that it's following Bearish Momentum...
Hope you find this analysis useful. Bullish Wedge formation.
Seems like EURJPY is forming Bearish Channel and Soon we can see the fall to the bottom. All the best with this idea
I think this upcoming week we are going to make new Lows on EURUSD or If 1.13000 hold firm then we could go back above 1.13500 region
Simply looks like that it has taken the Down trend Momentum after Bullish Trendline Breakout.
Could be a good Long opportunity from bottom of Channel with tight SL
Gonna short this pair for this week if momentum is going to stay like this ;)
Clear Breakout + Change in momentum
Looks Like This Demand Zone is going to Hold Very FIrm and we can see Bullish moves on this pair from region for Long term.
This is for only for Informative Purpose only, If you are taking it Then you will be held responsible yourself for P&L. Hope you find this idea useful