GBP USD H4 NO NONSENSE UPDATE TARGET 3050 BUY DIPS

GBP USD H4 UPDATE - GBP USD H4 NO NONSENSE UPDATE TARGET 3050 BUY DIPS

HEY GUYS, HOW ARE YOU TODAY?

HOPE YOU LIKE WHAT I'VE BEEN SHARING LAST FEW WEEKS. SOME HOME RUNS AND A RECAP OF IDEAS POSTED PREVIOUSLY - SEE LINKS BELOW AND CLICK PLAY BUTTON TO RECAP.
IF YOU WOULD LIKE TO GET MORE TRADE IDEAS AND SETUPS PLEASE UPVOTE AND GET SUBBED FOR THE LATEST UPDATES. THANK YOU.

-STRONG BULLS
-FLOOR IS NEAR 2700
-CEILING NEAR 3050 UNTIL ELECTIONS
-3000 150 BLN USD OPTIONS BARRIER
-BALANCED SENTIMENT 50//50
-2700-3050 LIKELY RANGE FOR 4-8 WEEKS
-RECAP OTHER IDEAS BELOW

MORE UPDATES?
SUB AND ADD AN UPVOTE

WHAT YOU GET
-DAILY UPDATES
-CLEAN CHARTS
-NO BS, NO MACD, RSI, MOVING AVERAGES
-PURE PRICE ACTION
-NO MOONBOY BS AND FAKE AGENDAS
-SETUPS THAT ACTUALLY WORK
-NO CLICKBAIT
-NO LOONY TARGETS

ONCE AGAIN. THANK YOU FOR YOUR ATTENTION. STAY TUNED AND LET'S MAKE SOME MONEY. ASGCORP.

Trade active:

UK GDP PRINT COMING IN 90 MINUTES.

Comment:

OUTLOOK REMAINS UNCHANGED. LATEST BURST ON H4 GOT SOLD. SO I'M STILL EXPECTING SLOW DECAY UNTIL WE HIT MY PRZ (REVERSAL ZONE).

Comment:

COMPOSITE TOP 10 FX BROKER SENTIMENT: 72% SHORT 28% LONG.
MORE UPSIDE INCOMING, BUT WILL TAKE TIME, OBVIOUSLY.
BIG BUYERS ARE STILL WAITING FOR LOWER PRICES.

Comment:

GUYS STAY TUNED. WILL BE POSTING LIVE INTRA-DAY TRADE IN GBPUSD WITH SL/TP SOME TIME THIS THURSDAY. TIGHT STOP AND DECENT TP (+80 POINTS OR SO).
BUT KEEP IN MIND YOU WILL HAVE TO ACT RATHER FAST TO GET IN AT A GOOD PRICE.

Comment:

SOME INSTITUTIONAL RESEARCH ON THE UPCOMING ELECTIONS:

Nomura this week asked 60 clients about GBP in the week after UK election
Those clients expect GBP/USD to rise 3.8% if the Tories win a majority
A 3.8% rise would take cable close to its 2019 high of 1.3380 (March 13)
Nomura's clients expect GBP/USD to fall 4.4% if Labour wins a majority
Odds suggest 58% Tory majority chance/Labour majority risk low
Reuters poll (Nov 7): GBP to rise 3% if Tories win majority

Comment:

Intra-week update for day-traders:

nice push from the bulls. Buying dips makes sense now (near 2840//2860). Probably near LO on Friday.
Conservative target for bulls after dip: 2900. Aggressive target 2920. stops 2800//2810.
What I see on H1 looks pretty strong.
always do your own due dill before entry.

Comment:

FRIDAY, 15TH NOV 2019 UPDATE: STILL LOOKING TO BUY DIPS.
BUT ENTRY REVISED/LOWERED TO 2835//2845 STOP LOSS 2815 TP1 2900 TP2 2910.
50/50 THAT THIS GETS TRIGGERED TODAY/MONDAY.

WILL DO A PROPER GBPUSD UPDATE OVER WEEKEND, RIGHT NOW
I WANT TO SEE THE DAILY//WEEKLY CLOSE.