All technicals point to the Pound reaching for the liquidity area above. That liquidity area just so happens to be close to the ADR of this pair. Great opportunity to take a fast ride for a cheap price up town! Always trust your set up. Be patient. Never over leverage. Have Fun!
Hi Traders , price now above new support with broke a bearish trend line expected continue rise until 1.26200 If you like this idea, do not forget to support with a like and follow
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Only take trade if it aligns with your analysis, do your due diligence. This is not a trade advice. This is only for educational purposes Kindly Like and Follow, Thanks
CAPITALCOM:GBPUSD Presently, we see price reacting to an area of demand which initiated a bullish rally to the upside- creating a shift in the previous bearish structure. Price reaction to the present demand level would cause some bullish impulse to fill up the last bearish imbalance created which caused price tap into the demand zone.
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS) We have 2 Downtrend in red color (LONG TERM AND INTERNAL TRENDS) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned...
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS) We have 2 Downtrend in red color (LONG TERM AND INTERNAL TRENDS) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned...
Hey Guys! There was actually a new weekly short trade that formed this week, so the weekly bias remains long however, the target has changed to 1.3750. Moreover the Entry level at 1.3313 and the Stop loss at 1.3163 does not change. Furthermore, we got some waning of short term short strength with the Break Out of a downward 1H trendline and no immediate break...
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels...
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS) We have 1 Internal Uptrend in green color Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness...
Yes we are really very earlier to predict this GBPUSD long run after break out this downward trendline. best range of support at 1.3200. Reversal candles are also visible at this ranges. we can take proper risk for best reward here.
Yes we are really very earlier to predict this GBPUSD long run after break out this downward trendline. best range of support at 1.3200. Reversal candles are also visible at this ranges. we can take proper risk for best reward here.
Longing the cable. Pound reached the support area I was looking for in the previous post, I expect a bullish run in the next couple of days/weeks. 200EMA and 50EMA crossed in 2h time frame. according to Forex sentiment 63% of the traders are Longing the pair, this is not financial advice but my views on the pair. Make sure to use proper risk management and I wish...
Depending on if we get another rejection from the area of 1.34100 I will be looking at buy trades once again. This area could continue a 4 hr uptrend for a bigger retracement or be an area where price breaks and continues its sell off, I will be patient Monday but watching these areas carefully. Hope everyone has an awesome week and wish everyone luck!
As i said in the last week GU reached my No. 1 target and was almost close to reaching the 2nd! in the next period I will wait for a strong retest movement and then ... I will continue SELL until my target no.2 from where ... I will reanalyze the whole situation THIS WEEK...exactly as I said ... GU also reached my number 2 target and made 800 of the 800-1000 pips...
Hi fellow traders, GBPUSD correction looks complete look for long position and take profit at one of the R levels. Goodluck!
Currently, GBP/USD is trading at 1.3821. The price is moving in sideways trend from last 1 week and can consolidate in the same range before breaking resistance and support level. The pair may start a new down trend if it breaks the support level at 1.3740. As the pair was moving in up trend from some time and there is a lot of fule left in the pair to touch its...
Symbol: GBPUSD Time Frame: 4H Bias: Long The overall price direction is long for gbpusd. We can expect a further move in the established direction. We have plaotted a short term momentum move for gbpusd which s=has some positive correlation with eurusd and other synthetic instruments. Let's hope for the best.