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i am quite expectant on this one
gbpusd will buy from support zone price 130227
GBP/USD – 2H Chart
• Possible bullish pattern, with a probability of a Zig-Zag in Minuette (ii) (black), which could lead towards a bullish impulse in Minuette (iii) (black).
GBPUSD / Formed a new BAT pattern
SHORT NOW FOR BEARISH BAT PATTERN
GBPUSD SHORT NOW Bearish Bat Pattern Complete
SL 1.3320 TP1: 1.31330 TP2: 1.30520 TP3: 1.28320
hi again, for thou who have been following me on this you would notice weve made some nice analysis and bang on predictions.
please see updated analysis for this week
see previous charts below
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Price broke the down channel that was working as a correction os exaustion of the bullish push. Came to the retest and between the fibo levels of 38 and 50% left us a strong engulfing candle. I`m goin long as soon the price breaks the higher high of the engulfing candle.
I see GBP/USD pair bullish on 1hr & 4h chart (bullish divergence at macd histogram,rsi etc.) Also there is a bullish perfect gartley pattern on 4h chart.
Please note that I expect a drop from 1.31400 because daily chart is a bit bearish also there is a strong inclined resistance.
Have a nice week,
The price broke down Mirror level 1.3057, i think it's a signal for future price decreasing. Also, most of the currencies against US dollar is decreasing. That's why I think British pound can move down to 1.2897 or 1.2805 on next week.
I will look for a Short entry near 1.3057 with low risk. Potential profit in that place in 5 times bigger. (That's what i love) ...
The price broke down Upward Channel. It's a signal for the next price decreasing.
I think about a Short entry near key level 1.3100. At this moment.
I will open a Short if the price will make fake broke of 1.3100 and H1 close under that level. Currency rate can move to 1.2900 or 1.2800 in that situation.
Everything will change if currency rate break up 1.3100 H1 ...
Ha subido las ultimas semanas, pienso que es horas de una corrección para luego seguir subiendo..... Mientras tanto .... Solo entraremos en compras hasta que no rompa la subtendencia y nos haga una bandera... para entrarle en ventas !
GBPUSD Bearish Gartley Pattern
Entry zone is : 1.3146 1.3148
Watch for price action when price enter the zone
Find some bearish singal before you trade.
SL should be Above the X point
Currecny rate made a fake broke of key level.
Potential profit in 4 times bigger the risk.
Sell at: 1.3032
CCL-Candle created level
CAP-Candle Approved level
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It is likely that the destiny of pound in the short term will be determined on this week. Referring to the EU-UK summit, where, is expected to sign the Brexit Agreement maybe.
We won’t even go into details of the issue, will concentrate on our trading idea and explanations why it supposed to work instead.
One of the critical issues of Britain’s exit from EU is ...
Trying my hands in long term trading now. I see a potential drop on this pair.
With a RR of more than 2, this seems like a great setup.
The Overall trend is down but the minor trend is upward.
This is just my analysis. If there is any change or new idea. do share with me. :)
GBP/USD has broken under the 50 EMA on the 8H chart and is currently in a strong bearish momentum as the 1H chart confirms weakness.
We can expect GBP/USD to fall further below eventually.
Give it 1-2 more hours for the confirmation of the move.
GBPUSD expecting that drop to around 0.5 of
the Fibonacci retracement.
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