Price is currently in an uptrend and and 1.2514 is a good area to look for more buys to join this trade at a higher low
A potential Head and shoulder has presented itself after hitting a previous Supply level above and falling over 250pips yesterday. Lower Prices are expected till the end of the week
I think we've been seeing USD strength for about a week. Creating a H&S on H4 and then clearing lows. After one more pullback we would find entries to join the trade
After the Sterling gained significant momentum to rally through the long term bearish trendline on Friday. 182.50 seems to hold a brief resistance to push prices down to 181.50 for a retest of the level. After a Higher Low confirmation is seen at the level. I would enter long trade to 185.00
GBPJPY has come into my point of interest after breaking my trendline. Possible one hour confirmation then I would personally make a decision.
Price rallied last week and broke into new highs getting to 1950 before creating a pullback to the 61.8 fib. A second confirmed test at the 61.8% retracement level will create a new Lower High to push prices to previous high at 1950
Price is going to make fast long swings heading to create new lows at 0.6280 for the week.
XAUUSD closed bearish on Friday signaling a continuation of the overall downtrend. Further move downward to 1900 is expected
GBPJPY has been seen to be struggling to break 182.50 level since first week of August where it created a buying climax. Lower Highs & Lower Lows are seen to have been forming since the buying climax at 183.20. Further lows are expected to 180.00 ultimately.
The sterling has refused lower prices below 1.2691 and create a support at that zone. Price is seen to start a healthy uptrend on intraday timeframes. A pullback to the 78.6% fib level should create buying opportunities for GBPUSD
Confirmed bullish bias was shown on Monday as price broke out of its accumulation phase and with higher highs. Trading in line with the uptrend at a higher low to future highs around 0.6750
After a rapid bull momentum to the highs of 1890 in Asia price is seen to be forming a double top resistance heading down over 350pips to make a higher low on the higher timeframes
A stop hunt was made after NFP to trap longs before reversing at our trendline. A short trade is eminent to 1.1800 (200pips) and further downside projection to 1.1660
The pound and greenback have been ranging on higher timefames. A lon opportunity is presented as price clossed above 1.2030 on Fri 03/03
After a 50% fib retracement in London GBPUSD has come in contact with a falling trendline at the 50% fib level to create a lower high and continue to deal lower prices into the future to 1.18580
Price is at a supply level on Monday NY session and rejection of higher prices is seen on Lower timeframes. This week target is 1795
The uptrend seen to start last week Fri10/23 has topped off to form a double top. A counter trend drop is seen to 135.60 and main target to 13.80
A steady downtrend is evident on this pair since 02/02 and price has made a steep pullback to the 61.8% fib level and is showing weakness. A sellers trap is expected in london session and price to later move by NY after FOMC meeting minutes are announced which might later touch our trendline before dropping.