GBP/USD Reached To Bottom Or Its … The story was here since the beginning “Break of 1.2750 the last low will confirm this bearish case and would target next projection level at 1.23-1.24. On the upside, above 1.3170 minor resistance will possibly extend the consolidation pattern ,In the bigger picture, the down trend is still in progress”.GBP/USD remains in sideway consolidation,Still,…
GBP/USD The Never Ending Story ,Or….. Well for all my readers its was written on my wall ,now after “Fat Finger” on the gbpusd tonight ,im going out from my short position The all story since the brexit and even before noted here before. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support.for the…
GBP/USD Heading For New Lows Or….. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support. As noted here before. Break of 1.2750 the last low will confirm this bearish case and would target next projection level at 1.23-1.24. On the upside, above 1.3170 minor resistance will possibly extend the consolidation pattern ,In…
4 Reasons Brexıt was listed on the board of GBPUSD The trend has changed was written last year “On the way down there are a number of stations, the first of which lies the 1.3860 level Breaking this level 1.3860 will send the pair to cope with the level of 1.3570 “ sterling-dollar GBP/USD dropped to 30-year lows last week after the Brexit -The general…
what the charts can teach us about gbpusd further move Fall from 1.7190 is viewed as resuming the longer-term downtrend from 2.1161 and would target 1.3503 and below later. As I mentioned last September gbpusd The pair was on his way to conquer the negative peakIs pound latest player to take center stage in this game (central banks’ global game of debasing…
When EUR/GBP Send You Running for Cover i will make it quick from looking at the charts we can see The Butterfly pattern Butterfly harmonic patterns are high probability trade setups that identify reversals in trends. Bearish butterfly harmonic chart pattern suggests a short entry upon completion of the pattern. It is an ABCD harmonic chart pattern, A short entry is suggested when the…