Tag Archives: GBP Weakness

Forex Signal GBP Weakness 12-22-2015

Today in the forex market the GBP (British Pound) was weak and drove a lot of price movement for traders. There were sell signals on the GBP/CHF and GBP/NZD on The Forex Heatmap®, and both of these pairs sold off. The GBP/CHF is inside of some historical support levels, so we would scale out lots on any sell positions. The GBP/NZD is in a strong downtrend on the larger time frames and should continue much lower. The live signal system you see below is The Forex Heatmap®, our live entry management system for 28 pairs, including all 7 GBP pairs shown below in the image.

Forex Signal GBP Weakness 12-22-2015

Forex Signal GBP Weakness 12-22-2015

Forex Market GBP/AUD Sell Signal 11-24-2015

Today in forex market trading the GBP/AUD had a sell signal on The Forex Heatmap®. This pair is now in a strong down trend and should continue much lower, we see no nearby support levels below the current pricing. We will continue to prepare trading plans for additional sells moving forward. The sell signal you see below is a real time signal from the The Forex Heatmap®, which provides live trading signals for 28 pairs and a visual map of the forex market. This snapshot is of the British Pound (GBP) pairs and shows the seven pairs we track in this currency group, as you can see the GBP has consistent weakness on all 7 pairs, the EUR/GBP is rising because the GBP is on the right side of the pair.

Forex Market GBP/AUD Sell Signal 11-24-2015

Forex Market GBP/AUD Sell Signal 11-24-2015

JPY Currency Strength 1-5-2015

Today in currency trading the Japanese Yen (JPY) strength was evident on all pairs. There was also clear GBP (British Pound) weakness. The GBP/JPY sold off and this pair is trending down on the D1 time frame. This pair should continue lower for at least one more day, but the overall trend on the largest time frames is still up so we would scale out lots at this price level. This pair will likely stall at support and reverse back to the upside in a day or two. The live currency strength signal you see below is from The Forex Heatmap®, which gives currency strength signals for 8 currencies and 28 pairs for traders.

JPY Currency Strength 1-5-2015

JPY Currency Strength 1-5-2015

Forex Trade Signals GBP/JPY Sell 10-14-2014

Today in forex trading the GBP/JPY had a sell signal on The Forex Heatmap®. The British Pound (GBP) was weak on all pairs, and the Japanese Yen (JPY) was strong on all pairs, driving price movement for forex traders. The GBP/JPY sold off, but this pair is at one support level so we would scale some out lots on this pair at these price levels. The GBP/USD broke one support level on the GBP weakness and is trending down on the larger time frames, this pair is a hold. The trade signals you see below are from The Forex Heatmap®, which provides live signals for 28 pairs, it is a visual map of the forex market.

Forex Trade Signals GBP/JPY Sell 10-14-2014

Forex Trade Signals GBP/JPY Sell 10-14-2014

GBP/JPY Trading Signal 9-19-2014

Today in forex trading the GBP/JPY had a sell signal on The Forex Heatmap®.  The British Pound (GBP) was weak and the Japanese Yen was mostly strong. Pairs like the GBP/JPY and GBP/USD sold off hard on the GBP weakness. The GBP/USD is not trending down so this is a short term trade and we would consider exiting all lots trades. The GBP/JPY is in an overall uptrend, so once again this would be a short term sell against the trend, it will eventually reverse back up.  Other pairs like the EUR/JPY and CHF/JPY sold off as the JPY was strong on all pairs.  The trading signals you see below are from The Forex Heatmap®, which is a live visual map of the forex market.

GBP/JPY Trading Signal 9-19-2014

GBP/JPY Trading Signal 9-19-2014

Live Forex Signals GBP/NZD Sell 8-13-2014

Today in forex trading the GBP/NZD signaled a sell on The Forex Heatmap® in the main session. The British Pound (GBP) was weak on all pairs, driving good short term price movement on these pairs. The Australian Dollar (AUD) and New Zealand Dollar (NZD) also had some strength today, this caused the GBP/AUD and GBP/NZD to drop. The GBP/AUD dropped, however this pair is inside of a cluster/range so we wold scale out lots on any sells. The GBP/NZD also dropped and this pair should continue trending lower to the next support area at approximately the 1.9650. The live signal system you see below is The Forex Heatmap®, which provides live trading signals for 28 pairs.

Live Forex Signals GBP/NZD Sell 8-13-2014

Live Forex Signals GBP/NZD Sell 8-13-2014

Forex Trading Signals GBP/JPY Sell 1-24-2014

Today in forex trading the British Pound (GBP) was weak on all pairs. The Japanese Yen (JPY) was also strong. The GBP/JPY had a clear sell signal, and this pair had a strong sell off. We would scale out lots at the current price levels as the GBP pairs could reverse back up in a couple of days based on overall market GBP strength. We view this as a short term sell off in these pairs. The trading signals you see below are from The Forex Heatmap®, our live trade entry management tool.

Forex Trading Signals GBP/JPY Sell 1-24-2014

Forex Trading Signals GBP/JPY Sell 1-24-2014

Forex Alert System GBP Weakness 1-13-2014

Today in forex trading the GBP weakness provided a lot of trading opportunities. The GBP sold off on all pairs, driving price movement. The GBP/NZD dropped strong to the downside. This pair could continue lower to the next support level. Other pairs like the GBP/AUD also dropped but we would be scaling out lots and taking some profit as this pair is nearing one support level. The alert system you see picture below is the Forex Heatmap®, which provides live visual alerts for 28 currency pairs and eight currency groups.

Forex Alert System GBP Weakness 1-13-2014

Forex Alert System GBP Weakness 1-13-2014

Forex Alerts GBP/JPY Sell Signal 12-13-2013

Today in forex trading we sent a visual alert to sell the GBP/JPY to our clients with The Forex Heatmap®, which is shown below. This pair dropped down to one heavy support level and we believe any sell trade should be exited at this level.  The GBP/CAD lso dropped today, and this pair will likely continue lower one more day as it has no nearby support. The heatmap provides live buy and sell signals to forex traders for 28 currency pairs.

Forex Alerts GBP/JPY Sell Signal 12-13-2013

Forex Alerts GBP/JPY Sell Signal 12-13-2013

Currency Strength Trading GBP Weakness 10-4-2013

Today in forex trading the market showed clear GBP (British Pound) weakness on all pairs. This caused strong drops on some pairs in the GBP group. Pairs like the GBP/AUD and GBP/NZD dropped strong to the downside to some small amounts of AUD and NZD strength in the market. The GBP/AUD is at support and the GBP/NZD could continue down one more day to the target support levels listed in our daily trading pans. The currency strength indicator shown below is The Forex Heatmap®. We have several resources on our website for learning how to use the heatmap.

Currency Strength Trading GBP Weakness

Currency Strength Trading GBP Weakness 10-4-2013

Currency strength is valuable to forex traders, it can be used to guide traders into pairs that are trending or for short term trading profits in ranging markets. A live currency strength indicator like the heatmap will provide forex traders with a logical way to enter forex trades and give them access to strong price movements nearly every day.