Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
G'day Guys
Today we going to analyse GBPUSD. This pair was added into the Major Pair category which is mostly traded worldwide.
In a general perspective, this pair is currently on downtrend corrections. As shown on the analysis chart, I personally expect this price continues to fall for the next few days or weeks.
Let's see what gonna happens next. Cheers
G'day, Guys.
Our yesterday BITCOIN analysis follow as predicted. Today we going to analyse Currency Pair GBPUSD.
Technically, this pair is currently on a solid downtrend on a bigger timeframe which is for me correction market structure completed. Personally, I expect this price continues a downtrend rally for the next few weeks. From here, I draw multiple lines...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Time Frame: 4H
Symbol: GBPUSD
Bias: Long
The price action is continuing upward. We have a positive anticipation for the upward movement. If the momentum grows and push the price more upwards,it should not be taken as a surprise. We do not have granular entry point now. In our next posts,we will try to dig deeper for fresh insights.
GU has failed to close below monthly support
If we take a look at the daily chart we can see that price has made a lower low, however all price did was retest the previous area of resistance
I am displaying the monthly chart as its alot easier to see whats happened
Also the daily candle has broken back into support so we should be looking for rejections and...
Time Frame: 4H
Symbol: GBPUSD
Bias: Long
Signal Analysis: The signal is based on short term trend analysis. We are anticipating an upward momentum starting at 1.37181 and a safe place for exit @ 1.35884 for stop loss and @1.138955 for take profit.
My short area I have been waiting on for gbpusd shorts. I'm looking at getting another rejection and hopefully finish the daily candle in the red for a nice swing trade to the downside. Remember do your own analysis and make sure it lines up with the way you trade before entering based off what I predict. Also manage that risk to keep consistent
What we see on GBPUSD is quite clear and nice, price had strong impulse to down and CP back to different areas as you see on the chart determined perfectly. preparing to make new lower lows we will have another entry after more pressure to down...
Finally set our 1:5 order and go with bearish trend ...
As you may know, tomorrow we have IMP NEWS for POUND...
In D time frame and 4H time frame we are in bullish corrective move phase and price reached the important Daily resistance area and also yesterday price managed to formed a shooting star candle which is showing us the the selling intend of the participant.
In 1H time frame we have 144 EMA just above the price which act as a resistance and also last 1H candle was...
Time frame: 4H
Symbol: GBPUSD
Bais: Short
Signal Info: The trend is down and the price action may lead to further down. We expect the price will go down after a retest of previous resistance level.
On the large scale, The overall Trend is still Bearish.
However I do expect the strength of USD to drop for a few days to fill in the imbalance of the previous bull run on the DXY;
Thus, I will expecting a retracement towards the area around level 1.36000:
Confluences at level...
