gbpusddaily

Hi traders! We had a clear reversal on the daily timeframe. MACD & RSI slowly showing us their hands. This pair is ranging in two uptrend channel. With todays fundamentals news concerning the US Dollar, this pair might get the strength it needs to push up again. I'm looking at the blue zone that we went through in bear mode. GBPUSD LONG: ENTRY : 1.2869 SL : ...

I've been out of action for a while but hopefully back with full force :) We broke out from our rising wedge and now waiting for the pullback before entering a sell position and a long term target of 1.27786 This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage ...

Our preference: long position above 1,2985 with targets at 1,3055 & 1,3085 in extension. Alternative scenario: in break of 1,2985, a continuation of the decline will be envisageable with 1,2960 & 1,2930 in line of sight. Comment: The RSI is well oriented.

High probability short term trade on GBPUSD for 100+ pips. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.

Sell below 1.2933. Stop loss at 1.2988. Take profit at 1.2854. Reason for the trading strategy (technically): Price continues to hold perfectly below our selling area. We remain bearish looking to sell below 1.2933 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push down to 1.2854 support (Fibonacci retracement, ...

Sell below 1.2933. Stop loss at 1.2988. Take profit at 1.2854. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly. We prepare to sell below 1.2933 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push down to 1.2854 support (Fibonacci retracement, horizontal swing low ...

Buy above 1.2830. Stop loss at 1.2791. Take profit at 1.2923. Reason for the trading strategy (technically): Price is approaching major support at 1.2830 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we expect to see a nice bounce above this level to at least 1.2923 resistance (Fibonacci retracement, Fibonacci extension, horizontal ...

Hello Traders... Long position: target 1.30000 - 1.34000 Good luck...

More food for thought.

Sell below 1.2531. Stop loss at 1.2621. Take profit at 1.2378. Reason for the trading strategy (technically): Price is testing major resistance at 1.2531 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance, descending resistance) and we expect to see a reaction from this level for a further drop to at least 1.2378 support (Fibonacci ...

Is it undervalued do to uncertainty? Has the downtrend/momentum, reversed/consolidated and prepared to move in the direction of it's true value? After all the noise coming from every angle, positive and negative, the technical foot print points to a grey area where all sure bets are off. As the market has failed to break below the 52 week low in search for a ...

Buy above 1.2415. Stop loss at 1.2250. Take profit at 1.2850. Reason for the trading strategy: We turn bullish above 1.2210 support (Fibonacci retracement, horizontal overlap support, Fibonacci extension) for a push up to 1.2400 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (21,5,3) is seeing strong support above the 7.9% level ...

GBPUSD Possible Price Projection

GBPUSD: Buy the breakout

Buy above 1.2415. Stop loss at 1.2250. Take profit at 1.2850. Reason for the trading strategy: Price is at our buying area once again as we remain bullish above 1.2415 (Fibonacci retracement, Fibonacci projection, horizontal overlap support) to play a bounce up to 1.2850 which is our long term resistance. From there, we can expect a bearish reaction. This is aided ...

Buy above 1.2510. Stop loss at 1.2421. Take profit at 1.2651. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly as expected. We now remain bullish above 1.2510 support (Fibonacci retracement, horizontal pullback support) for a further push up to 1.2651 resistance (major Fibonacci extension). RSI (34) has made ...

I'm expecting to come down on that level which i have mentioned (SSR)

Sell below 1.2481. Stop loss at 1.2527. Take profit at 1.2390. Reason for the trading strategy (technically): We remain bearish below 1.2481 resistance (Fibonacci retracement, horizontal overlap resistance, descending resistance) for a push down to 1.2390 support (Fibonacci extension, horizontal support). RSI (34) remains below long term descending resistance.