This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
The run up from the lows looks like at an end, and I feel that the way the stochastic RSI currently is, that we should see the pair move lower back towards 1.2437. The strategy is SELL current @ 1.2640-1.2660 area and take profit initially @ 1.2487. If wished for place a stop-loss @ 1.2737.
Since the recent 1.2180 low, GbpUsd has risen nicely and now the pair is trading at 1.2640. However, the long-term trend for the pair is grossly bearish and the pair now is facing strong resistance at the 1.27 zone. Also, the rise from 1.23 is contained in a rising wedge and this can lead to a reversal. My sell zone for GbpUsd is around 1.27 with negation above...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPUSD is touching daily 20EMA and weekly resistance which is a very high area of value and there is a high probability of bounce from this zone. All values are shown as per the image
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
according to Gann analysis , gbpusd is for short trading targetting 1.302 ... but now is not a good entery point , so we will wait after breaking that price or reversal to price 1.330 good luck guys ...
GBPUSD runs in downtrend in daily timeframe ... u can sell from breaking any level targeting the next level ... best position to enter is at crossing of time and price axises ... Good luck guys ...
The British pound had a horrible session during the day on Thursday, as the 1.26 level has offered massive resistance. The turnaround after the Federal Reserve meeting is short-lived, to say the least, as we have broken down quite drastically. Ultimately, this is a market that I think will continue to go lower based on the size of this candlestick, and of course,...
Pound getting weaker and loosing its power against USD due to the high interest in USA. It will fall more from the current price and can reach to 1.2000. Better to look sell opportunity on it.
GBP-USD broke the key horizontal level 1.25 Which is now a resistance Which makes me bearish on the pair And I think that it will fall further down Onto the target level below
The GBP/USD had a difficult performance in April as the strength of the US dollar continued. The pair attempted to recover on Friday but it found a strong resistance at 1.2615. It has now pulled back and moved slightly below the 25-day and 50-day exponential moving averages (EMA). The Stochastic Oscillator moved from the overbought level. Therefore, the pair will...
Here is my view for GBPUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD hrly short shortstop @ 1.25376 TP #1 @ 1.25162 70.69% wr TP #2 @ 1.24767 37.39% wr SL @ swing high 1.26129 20.69% hr WR and HR Determined from past trades on this pair, on this timeframe. More trades like this on my profile and on Bifrost trades
Hey tradomaniacs, GBP/USD just re-tested a key-resistance after the breakout of the secondary trendline (correction) and is likely to fall due to flipping in the orderbook. Be cautious as its bank holidays - use wider Stop-Losses or trade tomorrow! Interest-rate-decision this week could obviously change everything! What do you think?
As we all knows that US Dollar Currency Index is getting stronger as America again considering to increase the interest rate. If it happened then we can see more fall in GBPUSD.
GBPUSD WEEKLY CONTINUE BUY WAIT FOR BIG SELL
As we all knows that on Friday GBP fell badly and I believe its journey will continue to the next coming week. Better to look sell opportunity on it if Monday candle shows bearish trend.