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Gbpusdforex

GBPUSD 725 PIP OPPORTUNITY !!! Rarely wrong on cable, as I mentioned yesterday, market in potential Head & Shoulder formation managed to hit the market with first drop so far toward 1.4325 level where market back to advance from intraday uptrend level. GBP/USD Overview: Market still has room to advance to re-test resistance zone 1.4410-40 while as long as market holding below 1.4515 this H&S formation may drive market lower toward 1.3950 zone, where below 1.4325 expect farther drop along with this formation Above 1.4515 market may enter new advance channel that may lead higher to test 1.4600-70 zone. www.tradingsignalreviews.com
Short
by TheBanker
49
ForexTrading Tips Easy 200-300 Pips GBPUSD BUY BUY!!GBP/USD Hourly 1.4076 Overview : Market managed to fell to test support 1.3845 as we see over the chart, while managed from there to rebound toward target zone 1.3960-1.4000 as we advised before on Tuesday. Britain published construction sector PMI: 54,2 that is lower then the forecasted 55,5. The pound did not receive support from the black gold market positive dynamics. The financial markets showed a steady demand for "risk assets", which allowed the British currency to finish the day in the "green zone". The price is finding the first support at 1.4000, the next one is at 1.3920. The price is finding the first resistance at 1.4080, the next one is at 1.4140. The price is in the Ichimoku Cloud and it is under the Chinkou Span. The Tenkan-sen and the Kijun-sen show an upward movement forming a “Golden Cross”. Indicators: RSI is in the buy zone to indicate further bullish movement in this pair with some relief for now in sterling. The MACD indicator is in a neutral territory. The price is growing. Best of luck guys :) For more information on signals please see; www.tradingsignalreviews.com
Long
by TheBanker
21
Forex Market Analysis And Trading Tips Feb 17th 2016SUMMARY: The primary trend of GBP/USD is bearish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 50 day SMA and taking resistance of 200 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4405 and support at the level of 1.4175. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS:- MACD is sustaining in its negative territory indicating the bearish trend in the pair. RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair. STRATEGY: GBP/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. www.tradingsignalreviews.com
Short
by piponomics
Technical Analysis Idea GBP/USD - 04/02/2016The British Pound retains a strong upward tone after of the BOE's economic policy statement, trading a handful of pips above the fresh 4-week high posted last Wednesday, and pressuring the 50% retracement of the latest daily decline between 1.5239 and 1.4078. Carney says the Bank of England expects real incomes in the UK to grow solidly this year, after several lean years. And business investment should also continue to grow strongly. Retracements are now seen as buying opportunities, with short term supports at 1.4605 and 1.4560 ahead of the critical one at 1.4530. This last should keep the downside contained in order to maintain the bullish potential. www.tradingsignalreviews.com
Long
by piponomics