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GBP/USD Pair Analysis For August,2018.


The Falling Edge and the Inverse Cup & Handle chart pattern imaging a clear bullish signal.
This time for GBP/USD, the Support line is at 1.27738 and the resistance line is at 1.32687. Finally,
Currency Pair: GBP/USD.
Time Duration: 30th July- 3rd September.
Time Frame: 1day,1 week.
Price Forecast: 1.27738-1.32687.
Predict Trend: Bearish.
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Mirza_Ahmed avatar

Correction: The Falling Edge and the Inverse Cup & Handle chart pattern imaging a clear bearish signal.

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GBPUSD

GBPUSD is stuck in the narrow range between 1.4 and 1.41. The break of either level is expected to give 100pips of the range width. SL to place 50pips off the entry price at a range break
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Day 3

All the indicators are pointing down, after several weeks of the Gbpusd market climbing up.
MACD supports the trade and the lagging MAs are also aligned.
All that is left is to pick entries.
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#GBPUSD Predicción #forex 1 Marzo 2018

  • horizonte temporal de gráficos analizados: Semanal y Diario
  • Método del análisis: Soportes & resistencias, Retrocesos.
  • Figuras técnicas analizadas: Triángulos, patrón de la trampa, patrón de giro en forma de "W", figura hombro/cabeza/hombro
Grafico Semanal
Durante el tercer trimestre 2017 se registra un cierre por encima del nivel 1,30, siempre y cuando el precio se mantenga por encima de este nivel sugiere la probabilidad de una continuidad del movimiento alcista con la intención de alcanzar al me…
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DominguezV avatar

El soporte de referencia yace sobre el nivel 1,38, siempre y cuando el precio se mantenga por encima de este nivel sugiere la probabilidad de una continuidad del movimiento alcista con intención de superar el nivel 1,42, no obstante un cierre por debajo del nivel 1,38, anula las expectativas alcistas en el corto plazo.

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GBPusd

The channel works,as DXY turn upward GBPUSD will move bearish trend.Fundamentally low wage growth and inflation at %3 drag down the economy.
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#GBPUSD Predicción #forex 1 Febrero 2018

  • horizonte temporal de gráficos analizados: Semanal y Diario
  • Método del análisis: Soportes & resistencias, Retrocesos.
  • Figuras técnicas analizadas: Triángulos, patrón de la trampa, patrón de giro en forma de "W", figura hombro/cabeza/hombro
Grafico Semanal
Desde el ultimo trimestre de 2017 se ha construido un escenario de giro alcista, En el segundo trimestre de 2017 se registra un cierre por encima del nivel 1,28, siempre y cuando el precio se mantenga por encima de este nivel sugiere la probabili…
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Next GBPUSD

How will the GBPUSD price move forward?
Which I can read from the indicators I use, and the current screen shoot like the following picture. Where the price position is now at 1.27997, with the lower limit with the Fibonacci I set 0% (1.27724) with the first upper limit of 23.6% (1.28336) which means the current price is more or less hanging in the middle between the upper and lower bounds.
By using Stochastic (5.3, SMA, 3, SMA), where Slow% K: 37.913 will cut Slow% D: 48.524 from above, which m…
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GBPUSD (6B futures) - Downtrend Continue >>>

CURRENCY PAIR ANALYSIS : GBPUSD (6B Futures)

METODS of ANALYSIS
: EWA/EWP (Elliotte Wave Analysis/Principles)
TIMEFRAME: Daily (960 min)
INDICATORS: EMA 300 (D1 closed), EMA 200 (D1 closed), EMA 89 (D1 closed),
MAIN INVALIDATION LEVEL: 1.45490
STOPLOSS : no trades
TAKEPROFIT : no trades
SELLER'S RESISTANCE:
Local resist. - 1.27390 & EMA200
1-st Resistance
: VAL - 1.29989, POC -1.31549 (Fi=23.6%), VAH - 1.33860 (EMA 300 closed)
[b]2-nd [b]
[/b]: Resistance : avangard - 1.39262 (Fi=50.0%), [/b]…
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One of my short positions paying off

One of my positions short has paid off
I was short Eur, Gbp, Nzd, and Aud against the Usd on Friday at market close
I was long UsdJpy, counting on some Usd strength this week
and pullback or retracement on other pairs after the move up against the dollar last week
At market open I did not see much movement in the dollar and not much retracement in the crosses
So I decided to close my UsdJpy long, and put tight SL's on the short positions
After an hour only GbpUsd was still open
This morning GbpU…
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