Tag Archives: GBP Strength

GBP/JPY Buy Signal 9-16-2015

Today in forex trading the GBP/JPY had a buy signal on The Forex Heatmap®. This pair cycled up to the 187.00 area resistance, we would scale out some lots at this resistance area. The GBP/USD also moved up strong and this pair has no nearby resistance, it should continue higher on the D1 time frame. Check the signals below, the GBP (British Pound) was strong on all 7 pairs and the JPY (Japanese Yen) was mostly weak. This creates conditions for strong movements on volatile pairs like the GBP/JPY. The Forex Heatmap® provides live buy and sell signals for 28 currency pairs, and is part of our highly profitable trading system.

GBP/JPY Buy Signal 9-16-2015

GBP/JPY Buy Signal 9-16-2015

 

Forex Alert System GBP Strength 5-21-2015

Today in forex trading The Forex Heatmap® alerted forex traders to the GBP (British Pound) strength in the market. This caused good price movement on all of the pairs in the GBP group of pairs. The NZD (New Zealand Dollar) and AUD (Australian Dollar)  also had some minor weakness. The GBP/AUD and GBP/NZD moved strongly higher. Both pairs are trending higher on the larger time frames and trends. The GBP/AUD has not broken through all of the near term resistance, but the GBP/NZD has fully broken out and should continue much higher. The visual alert system you see below is The Forex Heatmap®, which gives trade alerts for 28 currency pairs, and 8 different groups of currency pairs.

Forex Alert System GBP Strength 5-21-2015

Forex Alert System GBP Strength 5-21-2015

Currency Strength Indicator GBP Strength 5-11-2015

Today in currency trading the GBP (British Pound) strength caused significant price movement on these pairs. There was also some NZD (New Zealand Dollar) and JPY (Japanese Yen)  weakness in the market. The GBP/NZD and the GBP/JPY moved much higher. The GBP/NZD has broken out of a resistance range and could be headed much higher on the W1 time frame trend. The GBP/JPY also moved much higher, but this pair is hitting one resistance level at the 187.50 area, so we would be scaling out lots on this pair. The GBP strength indicator you see below is The Forex Heatmap®, which measures strength and weakness in 28 currency pairs, and eight currencies, to guide forex traders.

Currency Strength Indicator GBP Strength 5-11-2015

Currency Strength Indicator GBP Strength 5-11-2015

Forex Trading Signals GBP Strength 2-18-2015

Today in forex trading the GBP (British Pound) strength was signaled on The Forex Heatmap®. This caused price strong movement on this group of pairs. The GBP/CHF broke to the upside and has no resistance past the current pricing, it is trending higher. The EUR/GBP broke support and should continue lower in it’s downtrend. The GBP/AUD moved strong to the upside but is still inside of some resistance layers so we would scale out lots on this buy trade. The live trading signals you see below for the GBP pairs is The Forex Heatmap®, it also provides signals for seven other currency groups.

Forex Trading Signals GBP Strength 2-18-2015

Forex Trading Signals GBP Strength 2-18-2015

Forex Signal System GBP/JPY Buy 12-11-2014

Today in the forex trading The Forex Heatmap® signal system gave a buy signal on the GBP/JPY. You an check the heatmap below, and it shows that the Japanese Yen (JPY) was weak on all pairs, which drove these pairs up. The British Pound (GBP) was mostly strong and this pushed the GBP/JPY strong movement to the upside. This pair is in a long term uptrend, so it could easily continue up to the 189.50 resistance area from here, so we consider this to be a hold. The signal system you see below is The Forex Heatmap®, which gives live buy and sell signals for 28 currency pairs.

Forex Signal System GBP/JPY Buy 12-11-2014

Forex Signal System GBP/JPY Buy 12-11-2014

Forex Trading GBP Strength 12-3-2014

Today in the forex trading  the British Pound (GBP) was strong on all pairs. There was also some Euro (EUR)  weakness in the market. This caused the EUR/GBP to drop. This pair is headed into support levels at the 0.7825 area. We would scale out lots or exit this trade. The GBP/CHF moved inversely to the EUR/GBP and rose strong to the upside. This pair is approaching resistance levels at 1.5350-1.5400 area. We would scale out lots at the current price levels on this pair. The currency strength indicator you see below is The Forex Heatmap®, which provides live trading alerts for 28 pairs.

Forex Trading GBP Strength 12-3-2014

Forex Trading GBP Strength 12-3-2014

Forex Alert System GBP Strength 7-15-2014

Today in forex trading, The Forex Heatmap® gave trade alerts for consistent GBP strength. The GBP/CAD moved higher as the British Pound (GBP) strengthened across the board. The EUR/GBP also moved lover, and this pair is trending lower on the higher time frames. The GBP/NZD is cycling up on  the H4 time frame and should continue up to the 1.9650 area resistance area. The alert system you see below is The Forex Heatmap®, which provides live visual trade alerts for 28 pairs and eight major currencies.

Forex Alert System GBP Strength 7-15-2014

Forex Alert System GBP Strength 7-15-2014

Forex Alerts GBP Strength 2-12-2014

Today in forex trading the British Pound (GBP) strength was seen on all pairs in the group. The GBP strength caused strong price movement on this group of pairs. The GBP/NZD had a good movement cycle to the upside, this pair should continue much higher as it is trending up with no nearby resistance. The GBP/AUD also had a strong upward movement, but this pair is at one resistance point so we would be  scaling out lots and taking some profits. The live visual alert system you see below is The Forex Heatmap®, our real time visual trade alert system.

Forex Alerts GBP Strength 2-12-2014

Forex Alerts GBP Strength 2-12-2014

Forex Trade Signals GBP/CAD Buy 1-22-2014

Today in forex trading the GBP/CAD pair had a clear buy signal. This pair moved up substantially during the main forex trading session.  It is approaching the next resistance area at the 1.8400 area. Since it is approaching resistance we would scale out lots and manage trading profits.  We will check the other GBP and CAD pairs later today and see if we can issue a buy plan for a breakaout of the resistance. The live trade signals you see below are from The Forex Heatmap, our real time trade entry management system.

Forex Trade Signals GBP/CAD Buy 1-22-2014

Forex Trade Signals GBP/CAD Buy 1-22-2014

Forex News GBP Retail Sales 1-17-2014

Today the retail sales news from the British Pound (GBP) was announced. After the news the GBP strengthened on all pairs.  Month over month sales volume was up 2.6% vs 0.5% forecast, and this drove the GBP higher. For traders, these pairs moved up quickly after the news was announced. Pairs like the GBP/AUD moved strong to the upside. This pair is nearing a breakout point and we will look to set buy plans on some of these pairs next week at their respective resistance breakout points. After any news driver you can use The Forex Heatmap®, which is shown below, to enter forex trades across 28 currency pairs. It works under most market conditions, or after news for 8 currencies.

Forex News GBP Retail Sales 1-17-2014

GBP Retail Sales, GBP Strength 1-17-2014