Hello and welcome back. If you found this idea helpful, please leave a like. GBPUSD saw some selling in the beginning of the week this was what I was calling for. It did trade to 1.2900, but did not get a daily close below it and instead reacted sharply higher. 1.3100 is a reasonable objective and then perhaps 1.3150.
Hello and welcome back. If you found this idea helpful, please leave a like. I was calling for higher prices and got just that this week with my objective. GBPUSD could see some selling going into next week. GBPUSD is in a HTF area which can cause some down movement, so at this time, I need to wait for more information and see how we react at the red line and...
Hello and welcome back. If you found this idea helpful, please leave a like. GBPUSD seems to be still looking for higher prices. I am looking for the highs above us to be taken out and trade into the red line. I will have to monitor how GBPUSD reacts at the red line to determine what happens next.
Maybe a little late for a call but I just wanted to record this as my own personal journal entry. I shorted GBPUSD Prior to the FOMC Meeting Minutes in anticipation of a rise in the DXY. Also I saw that GBPUSD was unwilling to make a higher high so I didn't see a break in market structure, so I thought a short for a scalp was possible. Entry was 1.29165, SL Was...
Hello and welcome back. If you found this post helpful, please leave a like. GBPUSD looks like it wants to reach for the lows below and expand further down. Refer to the related ideas below this post. Thank you.
Hello and welcome back. If you found this idea helpful, please leave a like. I am still bearish GBPUSD and I am looking for 1.2600. Trading above the 09/22/20 high and not rejecting would change my perspective.
Hello Traders and analysts,
We are currently in sells -
Here is our take on GBP USD - a view for lower time frame traders.
The eyes - are sell targets
The eyes - are potential buy zones.
it depends on your outlook.
but expect next week at the start to see a rebound for the GBP in order to provide a fresh discount for the USD to get further orders from the...
If you found this idea helpful, please leave a like. As stated in my previous idea, I was neutral and waiting for information. I got what I wanted to see. The green lines are my objectives. I will update with any day-trade opportunities I find.
If you found this idea helpful, please leave a like. GBPUSD is currently consolidating. Because of this, it can go both ways. I am waiting for the high impact news events for this week to give me more information. Neutral stance.
As I had mentioned in my previous idea, I was looking for a lower objective for the week, but I also accepted the idea of a possible retracement. If my objective was going to be reached, Cable would have needed to immediately expanded to that on Monday. As of right now, the objective I had for the week on Cable may need to wait. I am still overall short on Cable,...
This pair ended up trending down pretty well and I'm looking for that trend to continue leading up to the US election.
I am looking for a slight drawback higher and a good rejection to enter my sell.
I've drawn out some partial take profit levels to aim for along the way to my overall price structure target.
If we fail to get a rejection lower or if our...
I feel the inability for GBPUSD to break through the 1.315 level means it looks fairly exhausted and i'm expecting a drop in the coming weeks to 1.2760 or thereabouts. If it wasn't for the USD being tragically weak at the moment i believe this would happen sooner rather than later. The UK economy is officially doomed for now, the US not so far behind. Lets see how...