GBP Trade Ideas

GBPUSD and GBPJPY both consoildating clearly on the 1hr and we have clear support and resistance. Watch for breaks of these levels and try to enter on retest of the levels. Remember make sure the break out is good before you decide to enter. IMPORTANT: THE SUPREME COURT IN THE UK IS GIVING VERDICT ON[…]

GBPJPY Trade Idea

GBPJPY has been consolidating and has formed this bearish pennant structure, set your alerts for breakouts above 127.50 but if trend continues a break of the TL and 127.00 will signal further selling. Wait for clear break on 1hr/4hr and take entries on retest.

GOLD Analysis

Gold closed the week strongly closing above the weekly level I identified last week aroun 1486-1487 (see weekly chart below). If risk off sentiment continues we should continue to see flows into safe haven assets such as Gold and the next target insight is around 1530. You can see on the 1hr/4hr/Daily we are trading[…]

GOLD ANALYSIS

GOLD has come into resistance/supply zone after hitting a high of 1491, lets drill down and see what’s happening on other timeframes and see how we can potentially look to trade it. You can see the resistance formed clearly on the 1hr/4hr. So how can we trade this ? Above is the 15mins chart where[…]

EUR Pairs Pre-ECB

EUR pairs Pre-ECB rate decision at 12:45pm BST. Everything at Daily or 4hr support and holding going into the decision. Could we see some EUR recovery or will EUR continue to fall…? The ECB will announce their latest monetary policy decision and the markets will be listening as to whether they are going to start[…]

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