​$GBPUSD

$GBPUSD

What ProAct Traders See:Bearish: We are currently @ 1.2588 in a nice channel. We are looking for an initial move to the day/range bottom @ 1.2489 and below that a continuation to the 1.618 Fibo @1.2177. Watch the USDX for direction. The average daily true range (ATR) for the pair is 70 pips.

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EURJPY continuation?

Bullish:Currently we are @ 122.45 after completing a bounce on the range bottom. We are looking for a continuation initially to the 1.618 Fibo @ 123.47 and then continue to the 2.618 Fibo @124.83. The average ...

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GBPUSD channel continuation?

Bullish:Currently we are @ 1.2744 after completing a corrective2 wave on the channel bottom. We are looking for a continuation initially to the ATR target @ 1.2795 and then continue to the 2.618 Fibo @1.2878z. The average ...

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GBPCHF Break up?

Bullish:Currently we are @ 1.2608 after completing a bounce on the range bottom. We are looking for a continuation initially to the 0.214 Fibo @ 1.2738 and then continue a move to the range top @1.3414. The ...

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GBPAUD continuation?

Bearish:Currently we are @ 1.8186 after completing a corrective 4<sup>th</sup> wave. We are looking for a continuation initially to the 2.618 Fibo @ 1.2076 and then a move to the Day bottom @ 0.7938. The average daily ...

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GBPNZD reversal?

Bullish:Currently we are @ 1.9172 after completing a 5 wave move to the downside. We are looking for a continuation initially to the Square up @ 1.9507. Look for a pullback there. The average daily true range (ATR) for ...

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GBPUSD continuation?

Bullish:Currently we are @ 1.2735 in the range. We are looking for a continuation initially to the ATR target @ 1.2735 and then to the 0.500 Fibo @ 1.2868. Look for a pullback there. The average daily true ...

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EURJPY falling wedge reversal?

Bullish:Currently we are @ 121.59 just breaking out of a falling wedge in the range. IF we can break here, we are looking for a continuation initially to the ATR target @ 122.22 and then to the 0.618 ...

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EURGBP to the top?

Bullish:Currently we are @ 0.8868 in accumulation in the range. IF we can break here, we are looking for a continuation initially to the Day top/10270 Fibo @ 1.7167 and then to the range top @ 0.9100. Look ...

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EURNZD One more move?

Bullish to Bearish:Currently we are @ 1.7094 in accumulation in the range. IF we can break here, we are looking for a continuation initially to the ATR Target @ 1.7167 and then to the range top @ 1.7197. Look ...

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EURGBP Reversal

Bearish:Currently we are @ 0.8819 after setting a hard top on the range. IF we can break here, we are looking for a continuation initially to the 0.214 Fibo/ATR Target @ 0.8775 and then to the 0 ...

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AUDJPY bounce continuation

Bullish:Currently we are @ 75.79 after a double bounce on the range bottom. IF we can break above 76.00, we are looking for a continuation initially to the 0.786 Fibo @ 76.49 and then to the 0 ...

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Great weekly analysis, very useful and educational.
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