Get started

Britishpound

GBPUSD Resault: 600 pips✅Similar to the Eurodollar, the pound dollar will enter correction after hitting the ceiling of the descending channel and will move towards the ceiling of the channel after correction again. Stay with me to get more analysis after following me by sharing with friends and leaving a comment According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
by Hamiratrading
1
GBPJPY targeting 172.250 on the medium-term.The GBPJPY pair has been rebounding strongly since the November 11 Low within the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). The Low was made on the Inner Higher Lows trend-line, that has had five hit-and-holds since May 12. Based on the 1D MACD also, this sequence resembles the April 20 - June 09 fractal , whose rebound reached the previous High, which is now the Resistance at 172.250. This is the short-term target. On the long-term you see that the pattern is an Ascending Triangle (since March 2021 and we are close to the Higher Highs Zone. Every hit either on the dashed or top trend-line is a sell opportunity, until the pattern is invalidated. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
GBPUSD Two buy entries one short and one long-termWe haven't looked into the GBPUSD pair since almost a month, but it largely confirmed our bullish outlook: As you see the price broke above both the 1.2285 August 01 High and the 1D MA200 (orange trend-line), which has turned it already into its short-term Support. As we pointed out last time, a Channel Up (green) was formed but as the new Higher High was priced yesterday, we have to consider the emergence of an additional Channel Up (dotted lines), which has its Higher Lows (bottom) trend-line exactly on the 1D MA50 (blue trend-line). That would be our long-term buy entry and an additional indicator to take that long would be if the 1D RSI also bounces off the designated Support. In both cases our target will be the June 01 2021 Lower Highs trend-line or the 1W MA200 (red trend-line), whichever of the two gets hit first. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
1
💵British Pound/U.S.Dollar 💵Analyze (12/15/2022)!!!British Pound/U.S.Dollar was able to make a double top pattern on the resistance zone. Also, the British Pound/U.S.Dollar broke the important uptrend line. I expect British Pound/U.S.Dollar will go down to PRZ(Price Reversal Zone). 🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 30min⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
10
GBP/USD: Pound in a tough resistance zone. Pullback in sight?The British pound has staged an impressive 18% rebound since its September's lows and is now entering a pivotal week given the upcoming Fed's (Wednesday) and BoE's (Thursday) meetings. Even though the latest signs of economic activity are mostly better or in line with expectations, they actually show that the economy is slowing down and that a recession is getting closer and closer. Following a 0.6% decline in September 2022, the UK GDP increased 0.5% in October, the largest growth in over a year and slightly above predictions of 0.4%. The service sector, which continues to be resilient, had the greatest expansion. Instead, industrial production in October 2022 was flat from the previous month, following a 0.2% decline in September, which also matched market expectations. Continuing growth uncertainties and housing market jitters might have future dovish consequences for the BoE. On Thursday, it will be important to know if the differences between board members that have already come up are getting bigger. At the last BoE meeting, the vote to raise 75 basis points was divided (7-2). Markets are pricing in 56 basis points, thereby fully expecting 50bps. As a result, anything less than 75bps will be a marginally negative outcome for the pound. A hawkish Fed and a dovish BoE will have a negative impact on GBP/USD, which has recently re-established its correlation with the 2-year yield differential after decoupling from August to October. How to tactically trade GBP/USD this week: Key technical levels to watch The cable technically broke above the 200-day moving average (1.211) and has remained above it since the beginning of the month. As we get closer to a crucial resistance area around 1.225-1.24, which corresponds to June highs and a 6-month 100% Fibonacci retracement level, the bullish wave is beginning to lose some of its momentum. Following the solid rally since November, the upside potential for the pound looks to be rather stretched, and this week's rising risks of a hawkish Fed and USD bullish sentiment may lead to some pullbacks to 1.20 or lower. 1.196 is an intriguing initial line of support to keep an eye on, corresponding to the 78.6% Fibonacci level and the -1std of the 20dma Bollinger band. If cable fails to hold there, 1.161 (61.8% Fibonacci) might be a month-end target.
by Capitalcom
2
GBPUSD One more bullish target leftThe pattern on the GBPUSD is a Channel Up supported by the 1D MA200 (orange line). As long as it holds, the Lower Highs Resistance and red Resistance levels will be targeted. If the pair drops below the 1D MA200, then the buy opportunity will be at the bottom of the channel and on the 1D MA50 (blue line) most likely. A signal that this rise can be sustained at an even longer horizon is the formation of the bullish cross between the 1D MA50 and the 1D MA100 (green). When the opposite formation was made back in February, the pair started the major 2022 downtrend that didn't break above the 1D MA100. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
Long
by InvestingScope
💵British Pound/Australian Dollar💵 Analyze(11/07/2022)!!!British Pound/Australian Dollar was able to make a Bullish Gartley Harmonic Pattern on PRZ(Price Reversal Zone)!!! I expect the British Pound/Australian will go up at least until the 🎯targets🎯 that I specified in my chart. 🔅British Pound/Australian Dollar Analyze ( GBPAUD ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
GBPUSD Sideways Following Record Lows!The GBPUSD made record lows in September this year. Price declined to a new all-time low at 1.0356 as it passed the low of February 1985 which was at 1.0520. The British pound has strengthened since then, rising up 16%. And in doing so it has moved back into the long-term consolidation zone. Within consolidation, price is currently around the 1.2000 round number which may hold as resistance. But ultimately we are waiting for a breakout of consolidation resistance at 1.4376 or support at 1.1409. Patience will be require for this asset as it could take months or years before a setup occurs. If you enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment! See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
by Sublime_Trading
GBPUSD Under a Test for a Breakout Toward August HighsOn the four-hour chart, GBPUSD is attempting to recover the August peak by testing the resistance level at 1.21429 and breaking into the green shaded area. The fact that the GBPUSD is trading above the long-term and short-term exponential moving averages gives credibility to the breakout likelihood. Then we keep an eye on the next target of 1.24066. In the opposite case, a reversal from the resistance level 1.21429 and failure to break out of it may invalidate the previous hypothesis and lead the GBPUSD to test the support level at 1.20080, and a breach below this level may lead the GBPUSD to a further decline towards 1.7787.
Long
by SamerHa
GBPJPY targeting 172.250. Excellent long-term pattern.The GBPJPY pair has been rebounding strongly since the November 11 Low within the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). The Low was made on the Inner Higher Lows trend-line, that has had four hit-and-holds since May 12. Based on the 1D MACD also, this sequence resembles the April 20 - June 09 fractal, whose rebound reached the previous High, which is now the Resistance at 172.250. This is the short-term target. On the long-term you see that the pattern is an Ascending Triangle (since March 2021 and we are close to the Higher Highs Zone. Every hit either on the dashed or top trend-line is a sell opportunity, until the pattern is invalidated. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
4
GBPUSD Bullish long-term on two targets.The GBPUSD pair has turned bullish long-term after it broke above the February 21 Lower Highs trend-line on November 10. It is close to the first target of this break-out, the 1D MA200 (orange trend-line). If it gets hit, we are only willing to re-buy again above the 1.2285 Resistance (August 01 High) and target the 1W MA200 (red trend-line) and June 01 2021 Lower Highs trend-line). There is an obvious Channel Up (dashed lines) leading this uptrend but the true Support is the 1D MA50 (blue trend-line) slightly below. As long as it holds, we can continue buying the pull-backs. A break below it though, restores the bearish trend and the pair would target 1.1000 initially. Notice that the 1W RSI is on its highest level since the February 21 High while the 1W MACD is on the strongest Bullish Cross in recent years. Both of them indicate potentially the start of a new long-term bullish trend. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
4
💵British Pound/Canadian Dollar 💵 Analyze (11/18/2022)!!!It seems The British Pound/Canadian Dollar completed its wave 5 on the resistance zone & resistance line. I expect The British Pound/Canadian Dollar will go down at least to the end of wave 4 after breaking the trend line. 🔅British Pound/Canadian Dollar ( GBPCAD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
GBPNZD Strong buy opportunity.The GBPNZD pair is moving exactly as predicted on our previous analysis on September 28: The price hit and got rejected on the Lower Highs (dashed) trend-line) of the Triangle pattern that has been holding since April 02 2020. The pair pulled-back aggressively, but this remains much in line with the 2019 W-shaped fractal, which after its own 1D Golden Cross (when the 1D MA50 (blue) crosses above the 1D MA200 (orange)), it made a new High above the Symmetrical Resistance. This time, since the uptrend is limited to the Lower Highs trend-line, we will again buy and target this. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
GBPAUD Sell opportunity below this levelThe GBPAUD pair has been trading within a long-term Channel Down pattern since the start of 2022 and most recently (October 17 and 28) it hit its top (Lower Highs trend-line). This has turned the short-term price action into a smaller Channel Down (red), which is loosely supported by the 1D MA200 (orange trend-line) and resembles the pattern of January 28 to February 23. That eventually broke downwards aggressively to the bottom of the Channel Down (blue) once the Support from the previous Low broke. See how similar the 1D RSI sequences also are. The respective Support (1) on the current set-up is at 1.73500. A candle close below it, eyes Support (2) at 1.65000. As long as Support 1 is intact though, and more importantly the 1D MA50 (blue trend-line) holds, another bounce to the top of the long-term Channel Down is possible. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
2
💵British Pound/New Zealand Dollar 💵Analyze (11/03/2022)!!!British Pound/New Zealand Dollar was able to make a Head and Shoulders Pattern near the important trend line. I expect the British Pound/New Zealand Dollar will go down to the target of the pattern = Support line. 🔅British Pound/New Zealand Dollar Analyze ( GBPNZD ) Time frame 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
2