$gbpsd
GBPAUDThis pair might be a bit over sold but we have to respect the trend. i'll be looking for a break of this trend line for long confirmations.
GBPAUDMarket is very oversold and currently testing a monthly level of supply.
Might see a reversal here pretty soon with great risk to reward.
EURGBPDown trend is still in tacked
Great risk reward!!!
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GBPAUD 3 REASONS TO GO LONGPatiently waiting for this pair to get in that red zone!!
This is the type of trade that can potentially make 5-6-7-8-9-10:1 I'm excited to see how it will play out.
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GBPAUDBig moves to the downside for this pair suggest further downside. The big move to the upside does suggest that the higher time frame buyers want to take control back from the sellers. 2.00 - 1.96 should be a great buy!
GBPNZDSmall Trade here. Lets see if we still have momentum. This is the area that broker through that downtrend. Lets see if we can find some buyers here.
GBPUSD: Potential trend reversal or at least major correctionBullish sentiment has reached a dangerous extreme, momentum indicators are showing divergence when approaching the 5th point in this ascending wedge, which can potentially be a leading diagonal type Elliot Wave pattern.
Momentum divergence was present in the last push down, which is typical when approaching a bottom.
The Bank of England has kept a Hawkish tone recently, which changed the sentiment to bullish for the Pound.
Not so positive FOMC minutes helped seal the deal and made cable reach this sentiment extreme.
I expect a correction before further advance, which I don't discard.
I'd like to see a tradeable formation once this retracement is complete, to then look for long only trades.
