GBPUSD Analysis Feb 2020

19-Feb-2020

No change in my view as long as 1.3208/1.3289 holds resistance.

11-Feb-2020

CMP: 1.2960

As long as 1.2893/1.2871 supports, still some upside can be seen.

Lower level tgt done at 1.2968. Further targets: 1.2986-1.2994, 1.3012-1.3023. Res: 1.3070

If 1.3070 resists, we will see 1.2871 again and further 1.2804, 1.2758-1.2740, 1.2640-1.2601...

09-Feb-2020

CMP:1.2884; Res: 1.2989/1.3070
As long as the above resistances hold, we can see more down towards 1.2903/1.2827 first.
Further targets: 1.2634-1.2593-1.2552.
Sellers SL 1.3070/1.3205 max.

Alternatively, if this down move going to be an ending diagonal as 3 wave moves, we can see 1.2989/1.3070.
But As long as 1.3205 holds resistance, still I am bearish.

EURGBP: Trade Idea 28-Jan-2020

CMP: 0.8453; Sup: 0.8409/0.8387; Res; 0.8449
If 0.8408 holds support, we can see 0.8471-0.8486 first and further 0.8509-0.8518...
Buyers SL strict to 0.8431/0.8405 max.

GBPUSD: Trade Ideas 28-Jan-2020

CMP: 1.3046; Res: 1.3105
As long as 1.3105 resists, we can see 1.3029-1.3011, 1.2982-1.2953, 1.2906-1.2888.

GBPUSD View 24-Jan-2020

CMP: 1.3088; Res: 1.3173/1.3213/1.3285/1.3513; sup: 1.2950/1.2903
GBPUSD has broken down trendline.
Is this going to form Triangle? Need to wait and watch.

As long as 1.3173 holds resistances, we can see more down.

GBPCHF: Above 1.2758 Bullish 24-Jan-2020

CMP: 1.2731; Res. 1.2758; Sup: 1.2605
Break of 1.2758, we can see 1.2769-1.2789, 1.2864, 1.2902-1.2922...

FX: EURGBP: Down move going to end soon?

CMP: 8485; Res: 0.8593; Sup: 0.8277
As per my previous analysis, down side target intitial tgt done and nearing min tgt (0.8472-0.8454-0.8421), extension can be 0.8397.
Extensions can be 0.8472-0.8454-0.8421.

Positive Divergences in 30M chart.

GBPUSD: Analysis based on 4H chart. Bear? 22-Jan-2020

CMP: 1.3049
Res: 1.3212/1.3284/1.3515
Sup: 1.2950/1.2900
Small Resistances: 1.3089/1.3121

As long as 1.3089 resists and a break of 1.2955, we can see more fall towards 1.2930-1.2920 initially.
Further targets: 1.2843-1.2810, [[1.2758--1.2680-1.2634-1.2615 (ultimate target)]], Further 1.2581-1.2550, 1.2435-1.2413...

EURGBP: Can we see down side correction? 20-Jan-2020

CMP: 0.8540; Res: 0.8578/0.8595
As long as the above levels resist, we can see 0.8455-0.8450.
Further targets: 0.8435-0.8421, 0.8397, 08369.
Above 0.8595 bullish. Below 0.8277 bearish.

GBPAUD: Long Term Bull, Short Term Bear 19-Jan-2020

CMP: 1.8929

Based on Weekly Chart,
Res: 2.2384; Sup: 1.7561/1.5642/1.4379
We are in positional upside targeting 2.0587, 2.2384, 2.3644-2.5532.

Based on 4H Chart,
Res: 1.9005/1.9159/1.9524; Sup: 1.8770/1.8640/1.7561
As long as 1.9005/1.9159/1.9524 resists, we can see 1.8774 initially and min target 1.8640-1.8542.
Further targets: 1.8311-1.8275 (ultimate target), 1.8136-1.8066.

EURGBP: Looks bearish as a complex correction 18-Jan-2020

CMP: 0.8522; Res: 0.8589/0.8600; Sup: 0.8455

If EURGBP successfully break the trend line and a move below 0.8455, can lead to 0.8435-.08421 initially and further 0.8397, 0.8367.

Base support: 0.8277.

GBPUSD: Bull or Bear? 18-Jan-2020

CMP: 1.3015; Res: 1.3331/1.3515; Sup: 1.2953/1.2903.

Primary Scenario:

Can take support of 1.2955 and reverse back to 1.3331-1.3420 before big fall towards 1.2903.

Alternate Scenario:

Successful Break of 1.2953/1.2900, we will see 1.2736-1.2675 initially. Further 1.2552-1.2532, 1.2443-1.2413 can be seen.

GBPUSD: Bearish: Can we see 1.2673-1.2529 positionally?

CMP: 1.3017; Res: 1.3213/1.3284/1.3515; Sup: 1.2905

As long as 1.3515 holds resistance, we will see 1.2907 again and further 1.2736-1.2673, 1.2552-1.2529, 1.2440-1.2413...

Strategy: SELL ON RISE.

FOREX: GBPUSD Analysis 28-Nov-2017

CMP 1.3318
Res: 1.3380
Sup: 1.3304

As long as 1.3380 resists, we can see more down fall.

If 1.3304 supports and a break of 1.3326, we will see 1.333, 1.3347, 1.3351. 1.3358.
Reversal from the above levels, we will see 1.3304 first. Break of 1.3304 direct fall.

Buyers SL 1.3303
Sellers SL: 1.3380 (best sell entry 1. 3345-1.3360).