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GBP/USD Technical Analysis.

GBP/USD Technical Analysis.

by | Apr 29, 2020 | Forex Trade Ideas, GBPUSD

Currently, GBP/USD is trading at 1.2425. The pair started a sideways trend on 17 April and now the price is consolidating in the resistance and support wedges. If the price breaks the resistance level at 1.2512, then it may touch its resistance zone at 1.2909....
GBPUSD Consolidation To Big Down Trend.

GBPUSD Consolidation To Big Down Trend.

by | Apr 24, 2020 | Forex Trade Ideas, GBPUSD

GBPUSD is trading in consolidation range, it will be very small. After some consolidation, we might see a big downside in GBPUSD before the big downside it can hit target 1, which will be support line 1 and consolidate in between resistance line 1 and support line 1....
GBPUSD CLOSE TO BREAKOUT

GBPUSD CLOSE TO BREAKOUT

by | Apr 23, 2020 | Forex Trade Ideas, GBPUSD

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, GBPUSD is currently in a Symmetrical Triangle and is close to a breakout. One...
GBP/USD Technical Analysis.

GBP/USD Technical Analysis.

by | Apr 20, 2020 | Forex Trade Ideas, GBPUSD

Currently, GBP/USD is trading at 1.2462. The pair started a sideways trend on 14 April and now consolidating in the support and resistance wedges . If the price breaks its support level at 1.2433, it may enter into a new downtrend and then its next support level at...
GBPUSD Trading In Channel Pattern

GBPUSD Trading In Channel Pattern

by | Apr 16, 2020 | Forex Trade Ideas, GBPUSD

GBPUSD has just broke-out from its resistance level on upside and now it is trading at the same level called support level . From the chart, now it is trading in the upper part of the channel pattern and also trading at the support level . If it breaks from...