Tag Archives: gbp

GBPUSD (Intraday) – Supply still active around 1.3300 level with shorts in play

Mr Hawk/ March 19, 2019/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts/ 0 comments

The bulls got a huge problem to take out the 1.3300 for good as sellers are very active. And it is not different this time around. We see a retest of 3295/3305 as a selling opportunity with possible targets visible on the chart. Placing the stop above 14. Should you have any questions feel free to contact us anytime.Good luck

Read More

GBPUSD (Daily) – Looking to sell rallies towards 1.3000

Mr Hawk/ February 11, 2019/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts/ 0 comments

Within the last three days bears were able to get back and hold below falling trendline. We are looking to sell rallies towards 1.3000 with first possible target around 1.2850 and the second around 1.2700. Also going to place the stop based on 1-hour chart and will be do so above the candle rejection of the 1.3000 level. Should you

Read More

May 23, 2017 – Market Update

Mr Price Action/ May 23, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Europe opening higher GBP volatile on Manchester bomb attack Merkel’s comments about weak EUR were more preparation ahead of today’s visit of Trump As well as preparation for Sep elections as Germans like strong EUR (DEM) while don’t mind to kick a bit ECB Trump acting as a mediator Muslim states, Israel and Iran Trump’s budget

Read More

May 17, 2017 – Market Update

Mr Price Action/ May 17, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red on Trump mess Europe opening lower Trump to face tough scrutiny from Congress on meeting with Lavrov and sharing sensitive info What would happen if Donald Trump were impeached?  link European Court of Justice ruling – EU-UK trade deal doesn’t need to be ratified by all 38 EU’s national and local parliaments Confirming

Read More

Apr 19, 2017 – Market Update

Mr Price Action/ April 19, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia lower Europe opened mixed GBP up yesterday as markets speculate that snap elections can remove the political uncertainty And give a stronger mandate tp May in Brexit talks Pence – NK to expect an overwhelming and effective response China shadow banking back at full speed China eased capital flow controls Foreign investment in Canada hitting

Read More

Apr 10, 2017 – Market Update

Mr Price Action/ April 10, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia with some caution Europe opened higher but mixed now   Trump-Xi meeting – both declared friendship, trust and ready to work together…but no agreements No real consensus on North Korea, US trade deficit on the table over the next three months Chinese in South Korea to discuss North Korea   US NFPs lower on weather

Read More

Apr 3, 2017 – Market Update

Mr Price Action/ April 3, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia slightly higher Europe opening higher   JPM and GS cut the US GDP outlook Fed talking about shrinking of balance sheet in H2 Inflation heading lower in EU but higher in US (PCE) Institutional investors lowered their exposure to US and UK equities on risks related to fading Trump rally and Brexit/UK brake-up risks Poland

Read More

Mar 29, 2017 – Market Update

Mr Price Action/ March 29, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up Europe opening higher but with caution Trump revoking pro-climate regulations   …having fun of all those …exits….? Well, me too. Grexit, Italexit, Frexit, Germanexit, Brexit…and now: Scoxit – Scottish parliament said yes to second Scottish referendum UK Gov will not negotiate about it, thus the vote is just symbolic in nature Norther Ireland looking

Read More