So im looking for a short on GBPUSD from around 1.36000.. Id expect to see price pull back from here even if its just short term, ill take the trade move stops and hopefully swing back towards the support of 1.34400
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We are now starting to see GBPUSD breaking through that major daily support level so we can hopefully see price make some huge moves to the downside, my next target I will probably take another 20% profit!
Price has started rejecting the trendline on the 4h, the higher high expected to form at 1.42300 is invalidated. im now looking to take this down to 1.34180 (sl size is only for my account's risk allocation. the correct and safer placement is at 1.38000)
After breaking the double top pattern, it is expected for this pair to retest the neckline to continue its bearish momentum
Nice GBP/USD Sell setup with the trend from the resistance area to the green level as a first target. Good luck.
i think i'm one of the few people right now not looking to short GBPUSD, and that's because not only did we reject a major support/resistance zone (1.34000) as well as the 200EMA on the Weekly timeframe, we're currently in a uptrend. I've learned through painful lessons that you should avoid taking positions that go in the opposite direction of the current trend....
Hey tradomaniacs, GBP/USD:Daytrade-Preparation Market-Sell: 1.37880 Stop-Loss: 1.37990 Point of Risk-Reduction: 1.37760 Take-Profit:1.37365 Stop-Loss: 11 pips Risk: 0,5% -1% Risk-Reward: 5,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
GBP/USD SELL 1.3765 Hello Traders 👋If you find this analysis useful, please support me with your likes and comments. SL 1.3789 TP1 1.3701 TP2 1.3601 If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
GbpUsd is rising since the beginning of the month. However, the rise is in a corrective manner and has no impulse 1.39 should provide strong resistance and rallies towards that zone could be sold. 1.3650-1.36 is now strong support
from upper level in daily channel now you can look for sell signals FX:GBPUSD
Top of the range sell-off towards equilibrium of the trading range. LTF reversal confirmation recommended.
Looking for the pair to continue short. Selling the retest. Bearish divergence on 1h 4h
GBPUSD is currently trading in a bullish channel. I’ll take advantage of this channel to catch a short trade as the price aligns with the supply zone. Hence it will be a trendline and supply zone confluence. This is a scalping trade!!
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...
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.
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