Posts Tagged by gbp/usd
GBP USD heading higher
| January 31, 2012 | Posted by admin under Forex Technicals |
It looks like the GBP USD could be heading higher. The pair found support above the ascending trendline of a massive triangle pattern. GBP USD Weekly Chart Source: Forex Yard Strength over the last couple days has pushed my proprietary indicator into the “moving higher” zone and the downward sloping trendline within the triangle was broken…
GBP/USD Day Trade Setup – July 16
| July 16, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
The GBP/USD currency pair has formed a downward sloping flag formation. This sets up a potential trade, and due to the action leading into the current formation, we have multiple profit targets. A break above the upper channel line (see chart) indicates a swing higher with a target of 1.6500. A move aggressive target is…
GBP/USD Forex Day/Swing Trade Idea – 1 Hour, May 24
| May 24, 2009 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
May 24, 8:00 PM GMT The markets are currently closes at the time of the this writing. A wedge has formed in the GBP/USD currency pair. This provides for potential day trades or swing trade set ups. The wedge is providing resistance in the 1.6000 area and support can be found at 1.5900. These these…
GBP/USD Forex Day Trading Idea -May 22
| May 22, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
May 21, 5:39 PM GMT The GBP/USD is marching sideways over the last hour, possibly as traders await Ben Bernanke speech at 6 PM GMT. A very small ascending triangle has formed within a larger ascending triangle. Prices have just broken down out of the small triangle, but a break of the larger formation would…
GBP/USD Forex Day Trading Idea – May 21
| May 21, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
May 21, 6:45 GMT The GBP/USD is likely to break out of the current range as we head into the London session. This range is easily seen on a 15 minute chart. Current patterns indicate a continuation of the uptrend. A move above the recent high at 1.5815 offers an initial profit target of 1.5870. …
GBP/USD Forex Day Trade Idea – 30 Min Chart
| May 20, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
May 20, 5:07 AM GMT After a strong push upwards by the GBP against the USD in the earlier European session, the pair consolidated through the US session and is currently range bound. The breakout of this range offers a profit target of 100 pips +/- the breakout price. Currently the short term trend line…
GBP/USD Forex Day Trading Signal-15 Min Chart, May 11
| May 11, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
Still having some issues with some of the page links on the site. The issue is being worked on, and hopefully we will have everything back to fully functional soon. Thanks again for your patience. May 11 5:51 AM GMT The following is a forex market commentary based on technical analysis for the GBP/USD currency…
GBP/USD Forex Day Trading Anlaysis – 15 Min Chart
| April 24, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
April 24 5:00 GMT The following is a forex market commentary based on technical analysis for the GBP/USD currency pair. It is based off of a 15 minute chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. The GBP/USD has formed a triangle. This triangle offers…
GBP/USD Forex Day Trading Analysis – 15 Min Chart
| April 23, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
The following is a forex market commentary based on technical analysis for the GBP/USD currency pair. It is based off of a 15 minute chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. On the GBP/USD chart we can a see a descending wedge formation. These…
GBP/USD Forex Day Trading Signal – 15 Min Chart
| April 21, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
The following is a forex market commentary based on technical analysis for the GBP/USD currency pair on 15 minute chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. The GBP/USD is currently range bound on the 15 minute chart. With CPI data due out at 8:30…
GBP/USD Swing Trade Analysis – 4 Hour Chart
| April 21, 2009 | Posted by admin under Forex Technicals, Swing Trading Ideas |
The following is a forex market commentary based on technical analysis for the GBP/USD currency pair on 4 hour chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Over the last few days the USD has gained against the GBP, breaking below a support level at…
GBP/USD Forex Day Trading Signal – April 16
| April 16, 2009 | Posted by admin under Day Trading Ideas |
Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. If market does not move to the trigger price by about 9:30 AM GMT, then do not take trades. Read the comments to this post as they are posted. The…
GBP/USD Forex Day Trading Signal – April 15
| April 15, 2009 | Posted by admin under Day Trading Ideas |
Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. If market does not move to the trigger price by about 9:30 AM GMT, then do not take trades. Read the comments to this post as they are posted. The…
GBP/USD Forex Day Trading Signal – April 14
| April 14, 2009 | Posted by admin under Day Trading Ideas |
Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. If market does not move to the trigger price by about 9:30 AM GMT, then do not take trades. Read the comments to this post as they are posted. The…
GBP/USD Forex Day Trading Idea – June 1
The pair has consolidated but is still in an uptrend. While a break higher is more likely, a break in either direction is tradeable. A break above 1.6240 would target 1.6300. A move below 1.6210 provides a profit target of 1.6180-1.6170. This trade idea is based on a 15 minute chart for the GBP/USD currency…