Only charts

Indicative prices   Early monday prices before the official beginming of the first session in the coming week There is around 30 pips drop in #Gbpusd price EUR/USD 1.1036 USD/JPY 108.35 GBP/USD 1.2611 USD/CHF 0.9974 USD/CAD 1.3204 AUD/USD 0.6789 NZD/USD 0.6330 I dont recommend taking any positions in #Gbpusd this week. Follow up this week , we will have a very nice trade setup in #eurusd

Euro fell 100 pips , so is sterling and gold tumbled 10$ to trade currently at 1234$ . brexit news are putting alot of pressure on all currencies against the dollar. Keep selling the euro , sell it anywhere between 1.13$ to 1.1320$ with target 1.1120$ There is a big chance we will have a second EU referendum on brexit.

Mayor of london has tweeted : "I’m standing up for Londoners by backing a public vote on the final Brexit deal. #peoplesvote" Do you think we might have a second referendum on brexit or we will struggle with the consequences of no brexit deal ?

#eurusd will keep trending as long as it stays above 1.1410$ on the hourly chart..if broken , we will see 1.1340$ This is a short term trade , the pair is currently trading at 1.1430$ , target would be around 1.1530$ , with mediocre resistance at 1.1500$ A break below 1.1410$ will open the road easily towards 1.1345$ ..

Post brexit minister Raab resignation and possible no confidence vote for theresa may , there is a lot of stress on sterling against the us dollar. So what is the price target for #gbpusd? We have only two support areas . first we have 1.2720$ , followed by 1.2540$ ... A price not seen this year so far . Your stop loss should be around 1.2960$, which will be big hurdle/ resistance area for cable to break.

$gblusd fell almost 100 pips on the news and I am sure it will bleeding more pips for the rest of the day... Updates on brexit deal will follow.

This post is for day traders exclusively ; You can buy #gbpusd now with stoploss on 5 min candle close below 1.2837$ , your target should be 1.2856$ , 1.2882$ . You can re- enter again if the pair reaches 1.2880$ and makes a correction to 1.2845$

Gbpusd still under pressure and will stay as long as brexit deal is not made. The pair is currently trading at 1.2910$ after rallying on Friday to 1.3020$ ... Looks like we will visit 1.2860$ again , that probability is not yet rolled out . Resistance now lies at 1.2975$ and support at 1.2860$ . Follow me for more updates on sterling . I am gonna advise a position today. FORMER BREXIT JUNIOR MINISTER STEVE BAKER SAYS AT LEAST 80 BRITISH CONSERVATIVE LAWMAKERS ARE PREPARED TO VOTE DOWN THE CHEQUERS PLAN IN PARLIAMENT - PRESS ASSOCIATION

Maybe in medium term , we will see gbpusd trading at 1.32$ levels again. And in short term , the pair is still supported and maintaining the bullish look after its recent correction to 1.3030$ The pair still didnt fill the gap ,and as previously advised in previous post , it is recommended to go long at current level 1.2880$ area.

Gbpusd opened lower with a gap almost 40 pips , currently trading at 1.2914$ ... The pair has strong support at 1.2885-1.2905$ area. You can long the pair at that area targeting a close of the gap. Ofcourse , the pair is down on the latest brexit news from the weekend. Brexit talks and the single market deal will stay as a catalyst for the pair. It is recommended to go long anywhere near current levels . Technically , The pair will turn strongly bullish after breaking 1.3020$ area on the 4h chart.

Only if it closes above 1.2720$ on the 1h chart and i think this is gonna happen soon The pair is extremely bearish and there is no sign of upward correction as long as we are below 1.2720$ ... Buy and hold for 1.28$ handle. Resistance areas : 1.2750, 1.2830,1.2925

Gbpusd has made several tops at 1.3440$ and reversed to 1.3250$ currently. The fall was initiated by draghi , the head of ECB lowering growth forecast from  2.4% to 2.1% and keeping interest at all time low. Brexit negotiations are ofcourse the main blame or fame for any move in Gbp/usd Technically speaking , 1.3250$ is very important support for the pait and if broken , the pair will be terribly bearish and might head towards 1.3080$ area . On the upside , 1.3340$ is a tough resistance for the pair .

We had a falling trendline on the 1h chart which managed to keep the pair bound for four times . It managed to break above it after reversing the sharp dip after the federal reserve raised the interest rates last night. The pair is currently trading at 1.3390$ with very strong support at 1.3340$ First target will he 1.3530$ area.

Cable / sterling is not able to close any 4h candle bove 1.3210$ , despite the 300 pips rally..the bullish is losing strength and we might see a reversal to 1.2980$ area .. If the pair manages to close above 1.3210$ , then we will be heading to 1.33 and beyond. It is recommended going short anywhere near 1.32$ targeting 1.3130$ , 1.3060$ and finally 1.2980$

Last week , the pair rallied after bottoming three times at 1.2830$ , reaching 1.3050$ However , looking at the big picture , 1.30$ handle is big game now for sterling and we have bearish trendline still intact. Shorting the pair at current level might bring you big reward , we might go down till 1.2680$ within the next few weeks.  

Here is what I see for GBPUSD only in-case of a daily close above the area 1.248-1.2520$ . We will see a rally towards the area between 1.29-1.31$ and then a test of the 1.2680$ area for continuation of the up trend . On the other side , If we see an hourly close below 1.2340$ , we will roll back to 1.2230-50$ area...If we see a break below this area , then we are going to below 1.20$ again. So , Possible trades here are , long above 1.2520$ (daily close)  targeting 1.29-1.31$ Short below 1.2340$ (hourly close) , targeting 1.2250$.. You can also long the pair at this area again at 1.2250$ area with sl on hourly close below the trend line. And going short on the break of that line targeting 1.2080$ and below if it doesn't hold.

Cable traders are getting used to market gaps on Monday opening. most of the gaps recently are fueled by comments coming from the UK during weekend. Major news coming within the next few hours will be the result of hearings in front of british court deciding if parliament should be part of negotiations with the European union. Anyway, From technical point of view , I find that the pair is currently supported around 1.2130$ area as shown below and there is a potential trend line if not broken during the current 4h candle. Support can be found at 1.2130$ , So any long positions should be closed on 1h candle closing below that level. Targets for the long positions should be around 1.2360$

The pair has fallen aggressively to trade at multi year low at 1.77 , lowest monthly close in 2013 has been 1.81 , so if the pair managed to close above that level , that would be a good sign for short term recovery. Otherwise , on monthly close below 1.81 , the pair will continue falling. For recovery on the daily chart , we recommend going long on daily close above 1.7880 area and targeting 1.8250 and 1.86 area. We have a falling trend line , a breakout plus breaking resistance at 1.7880 area will help the pair recover towards 1.90 ultimately. Happy trading ... for updates on this trade and other trading ideas follow me on twitter ; @boriology