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GBPUSD (6B futures) - Downtrend Continue >>>

POWERFUL_TRADERS Posted 3 Jan. as Analysis on GBP/USD, Target: 1.2000, Date: 1st of March, 12:00 GMT  in #Technical analysis #GBP/USD #Gbpusd #Technical Analisis #Technical Forecast #Gbpusd Analysis #Gbpusd Short #Elliotte Wave Analysis #6B #Gbpusd Forecast #Gbpusd Prediction #Gbpusd Long
CURRENCY PAIR ANALYSIS : GBPUSD (6B Futures)

METODS of ANALYSIS : EWA/EWP (Elliotte Wave Analysis/Principles)
TIMEFRAME: Daily (960 min)
INDICATORS: EMA 300 (D1 closed), EMA 200 (D1 closed), EMA 89 (D1 closed),
MAIN INVALIDATION LEVEL: 1.45490
STOPLOSS : no trades
TAKEPROFIT : no trades
SELLER'S RESISTANCE:
Local resist. - 1.27390 & EMA200
1-st Resistance : VAL - 1.29989, POC -1.31549 (Fi=23.6%), VAH - 1.33860 (EMA 300 closed)
[b]2-nd [b][/b]: Resistance : avangard - 1.39262 (Fi=50.0%), [/b]…
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DAY 5 - GBPUSD ANALYSIS

alifari Posted 5 Nov.  in #Trader's blog #Gbpusd Analysis
Economic data from U.K. this week hinted a slowdown in economic growth in last few months and as a result we have seen continuation of bearish price action on GBPUSD. Based on Weekly chart, there is still lot downside room for this pair. Here are my chart analysis for reference. Weekly SR flip level and Supply Zone at 1.6250 pushed price down and as such I would be looking for buying opportunities at Weekly Demand Zone at 1.5685.
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