The Cable plunges earlier today after French president François Hollande called for a hard Brexit for the UK. The GBP/USD fell 5% and hit 1.2000 level but recovered quickly traded around 1.2425 at the time I wrote this comment. The bias is neutral in nearest term. I will stand aside for now. As you can see on my daily chart below, price is making a hammer formation.
Overall I remain bearish, but if the hammer formation confirmed by the end of the day, we may see a bullish correction/reversal next week.
The GBPUSD had a strong bearish momentum last week hit 1.2000 but closed higher at 1.2439. As you can see on my daily chart below, we have a hammer candlestick formation suggests a potential bullish correction/reversal scenario. The bias is neutral in nearest term.
Immediate resistance is seen around 1.2475 followed by 1.2550 but key resistance is seen around 1.2790. Immediate support is seen around 1.2390 followed by 1.2335.
GBPUSD mempunyai momentum penurunan harga yang kukuh minggu lepas mencecah 1.2000 tetapi ditutup lebih tinggi pada 1.2439. Seperti yang anda lihat pada carta harian saya, kita mempunyai pembentukan candle hammer yang mencadangkan dengan yakin senario correction/reverse yang berpotensi. Kecenderungan adalah neutral dalam jangka terdekat.
Resistance serta-merta dilihat pada sekitar 1.2475 diikuti oleh 1.2550 tetapi resistance utama dilihat pada sekitar 1.2790. Support serta-merta dilihat di sekitar 1.2390 diikuti oleh 1.2335.
The GBPUSD attempted to push higher yesterday topped at 1.2444 but closed lower at 1.2359. The bias is bearish in nearest term testing 1.2300 area but only a clear break below 1.2000 would cancel the hammer formation bullish correction/reversal scenario.
Immediate resistance is seen around 1.2400. A clear break above that area could lead price to neutral zone in nearest term testing 1.2450 or higher.
GBPUSD cuba untuk menolak lebih tinggi semalam mendahului pada 1.2444 tetapi ditutup rendah pada 1.2359. Kecenderungan adalah penurunan lemah dalam jangka masa terdekat menguji kawasan 1.2300 tetapi hanya harga yang jelas di bawah 1.2000 akan membatalkan senario pembentukan hammer menaik bagi correction/ reversal.
Resistance serta-merta dilihat pada sekitar 1.2400. Break yang jelas di atas kawasan tersebut boleh membawa harga ke zon neutral dalam jangka masa terdekat menguji 1.2450 atau lebih tinggi.
The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term. Overall I remain bearish but as long as stay above 1.2000 the hammer formation bullish correction/reversal scenario should remain valid.
Immediate support is seen around 1.2180. A clear break below that area could trigger further bearish pressure testing 1.2100 region. Immediate resistance is seen around 1.2275. A clear break above that area could trigger further bullish pressure testing 1.2325 area or higher.
Pergerakan GBPUSD adalah ragu-ragu semalam. Kecenderungan kekal neutral dalam jangka masa terdekat. Secara keseluruhan saya kekal menurun tetapi selagi harga kekal di atas pembentukan hammer menaik 1.2000 senario correction/reversal masih sah.
Support serta-merta dilihat di sekitar 1.2180. Break yang jelas di bawah kawasan tersebut boleh mencetuskan tekanan penurunan yang seterusnya menguji kawasan 1.2100. Resistance serta-merta dilihat sekitar 1.2275. Break yang jelas di atas kawasan tersebut boleh mencetuskan tekanan menaik yang akan menguji kawasan 1.2325 atau lebih tinggi.
The GBPUSD had a bearish momentum last week bottomed at 1.2089. The bias is bearish in nearest term and overall I also remain bearish but as long as stay above 1.2000 the hammer formation bullish correction/reversal scenario should remain valid.
Immediate resistance is seen around 1.2205. A clear break above that area could lead price to neutral zone in nearest term testing 1.2270 or higher.
GBPUSD mempunyai momentum menurun minggu lepas di 1.2089. Kecenderungan adalah penurunan harga dalam jangka masa terdekat dan secara keseluruhan saya juga kekal menurun tetapi selagi harga kekal di atas 1.2000 senario pembentukan hammer correction/reversal kekal sah.
Resistance serta-merta dilihat di sekitar 1.2205. Break yang jelas di atas kawasan tersebut boleh membawa harga ke zon neutral dalam jangka masa terdekat menguji 1.2270 atau lebih tinggi.
The GBPUSD was indecisive yesterday. Price attempted to push higher earlier today hit 1.2272 but traded lower around 1.2230 at the time I wrote this comment. The bias is neutral in nearest term probably with a little bearish bias testing 1.2175 but as long as stay above 1.2000 the hammer formation bullish correction/reversal scenario should remain valid.
Immediate resistance is seen around 1.2272. A clear break above that area could trigger further bullish pressure testing 1.2350 region.
Pergerakan GBPUSD adalah ragu-ragu semalam. Harga cuba untuk menolak lebih tinggi awal hari ini pada 1.2272 tetapi diniagakan rendah di sekitar 1.2230 pada masa saya menulis komen ini. Kecenderungan adalah neutral dalam jangka masa terdekat mungkin dengan penurunan sedikit menguji 1.2175 tetapi selagi harga kekal di atas 1.2000 senario pembentukan hammer menaik correction/reversal kekal sah.
Resistance serta-merta dilihat di sekitar 1.2272. Break yang jelas di atas kawasan tersebut boleh mencetuskan tekanan menaik menguji kawasan 1.2350.
The GBPUSD had a bullish momentum yesterday topped at 1.2324. The bias is bullish in nearest term testing 1.2400/50 region.
Immediate support is seen around 1.2250. A clear break below that area could lead price to neutral zone in nearest term testing 1.2200 region but as long as stay above 1.2000 key support the hammer formation bullish correction/reversal scenario should remain valid.
GBPUSD mempunyai momentum kenaikan harga semalam di 1.2324. Kecenderungan adalah kepada kenaikan harga dalam jangka masa terdekat menguji kawasan 1.2400/50.
Support serta-merta dilihat di sekitar 1.2250. Break yang jelas di bawah kawasan tersebut boleh membawa harga ke zon neutral menguji kawasan 1.2200 tetapi selagi harga di atas support utama 1.2000 senario pembentukan hammer menaik correction/reversal kekal sah.
The GBPUSD was indecisive yesterday. The bias remains bullish in nearest term testing 1.2400/50 region. Immediate support remains around 1.2250.
A clear break below that area could lead price to neutral zone in nearest term testing 1.2200 or lower but as long as stay above 1.2000 key support the hammer formation bullish correction/reversal scenario should remain valid.
Pergerakan GBPUSD adalah ragu-ragu semalam. Kecenderungan masih kukuh dalam jangka masa terdekat menguji kawasan 1.2400/50. Support serta-merta kekal di sekitar 1.2250.
Break yang jelas di bawah kawasan tersebut boleh membawa harga ke zon neutral dalam jangka masa terdekat menguji 1.2200 atau lebih rendah tetapi selagi harga di atas support utama 1.2000 senario pembentukan hammer menaik correction/reversal kekal sah.
The GBPUSD had another indecisive movement yesterday. The bias is neutral in nearest term. Immediate support is seen around 1.2200 followed by 1.2135 but key support remains at 1.2000. Immediate resistance is seen around 1.2280. A clear break above that area could trigger further bullish pressure testing 1.2330/50 region.
My major technical outlook remains bearish but as long as stay above 1.2000 the hammer formation bullish correction/reversal scenario should remain valid.
GBPUSD mempunyai satu lagi pergerakan ragu-ragu semalam. Kecenderungan adalah neutral dalam jangka masa terdekat. Support serta-merta dilihat di sekitar 1.2200 diikuti dengan 1.2135 tetapi sokongan utama kekal pada 1.2000. Resistance serta-merta dilihat di sekitar 1.2280. Break yang jelas di atas kawasan tersebut boleh mencetuskan tekanan menguji kawasan 1.2330/50.
Prospek teknikal utama saya kekal menurun tetapi selagi harga kekal di atas 1.2000 senario pembentukan hammer menaik correction/reversal kekal sah.
The GBPUSD attempted to push lower yesterday bottomed at 1.2081 but closed higher at 1.2186. The bias is neutral in nearest term. Immediate resistance is seen around 1.2205. A clear break above that area could trigger further bullish pressure testing 1.2250 – 1.2300 area.
Immediate support is seen around 1.2135 followed by 1.2080 but as long as stay above 1.2000 the hammer formation bullish correction/reversal scenario should remain valid.
