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GBP BULL until first of March

adigunolluwaseun600 Posted 26 Jan. as Analysis on GBP/USD, Target: 1.2910, Date: 1st of March, 12:00 GMT  in #Technical analysis #GBP/USD #Gbpusd #Support Level #Monthly Analysis #Weekly Chart #Weekly Analysis #Resistance Line #Long Positioning
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Support and resistance (S/R).BOLLINGER BAND,STOCHASTIC,CHANNEL.engulfing candle stick
Analysis
President trump effect and new economic policy uncertainty and the Brexit ,after the court Judgement that the parliament will have a say on how the article 50 is triggered,this Judgement make a way for a soft landing in Brexit which favour the pounds,and Brexit issue will still be the major thing to affect pounds in the coming months.
Techically On weekly chart the price as crossed the…
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adigunolluwaseun600 avatar
adigunolluwaseun600 6 Feb.

GBPUSD is presently at 1.2488 area,this pair is still  on correction from the upward movement from 1.1996-1.2703. we not expect it to cap at 1.23XX but still there are uncertainty in britain from Brexit to another scotland refrendum.so this pair should be conciously traded expecially long positions,until there are PA confirmation of resumption of uptrend short is favoured,especially if we have a pool back to 1.2530 area.its good for a short with reasonable sl.

adigunolluwaseun600 avatar
adigunolluwaseun600 7 Feb.

as said earliier yesterday GBPUSD correction is capped at 1.2350 area bullish has begin now.

adigunolluwaseun600 avatar
adigunolluwaseun600 8 Feb.

GBPUSD is presently at 1.2500 area,a pull back to 1.2450 area is expected in intraday,for a long position to be triggered,but all in all a break above 1.2530 with a 4hrs close above will signal the continuation of bullish.

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Elenadesign 8 Feb.

thanks for your article! very useful for me.

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Lanka_Svetlanka 16 Feb.

good job!

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GBPusd outlook

adigunolluwaseun600 Posted 2 Nov.  in #Gbpusd
Intraday bias in GBP/USD remains neutral for the moment. Break of 1.5508 resistance will extend the rise from 1.5106. But still, we'd maintain that near term risk stays on the downside as long as 1.5658 resistance holds. Fall from 1.5929 is mildly in favor to continue. Below 1.5241 will target a test on 1.5106 low first. However, decisive break of 1.5685 will confirm near term reversal and bring retest of 1.5929 instead. In the bigger picture, medium term fall from 1.7190 should have completed a…
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Lanka_Svetlanka 16 Feb.

Good!

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