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.
GU has captured consolidated liquidity and price broke above the recent range showing intent to go higher. Price to return to balance out short orders before surging. Lower timeframe reversal confirmation advised.
2 position entry system. Long GBPUSD Go long GBPUSD from 1.3745 and 1.3730 with a Stop at 1.3720 Take Profit 1 @1.380 TAKE PROFIT 2 @1.388 Whose got the nuts to fade this?? -@DARTHFADER
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.
Update on GU analysis 20 min ago..waiting for bullish momentum..trade safe and be smart..
Waiting for price to drop before bullish momentum..buy stops are highly advisable..trade safe and be blessed
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GBP/Dollar is a useful abbreviation The drawing says it all Good buying areas
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 Market has rejected from a previously tested area. Also at the stage is over bought. So i am looking for a sell move next.
After closing the price is above 1.3840 in 15 min chart, it entered into a buy trade, with two targets of 1.3881 and 1.3930.
Confluence a. DAILY FIB 61.8% 3 rejections b. Major level ( 1.38000, Swing low) c. 4h Correction d. Higher timeframe bias
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Looking to take GBPUSD back down to the previous bottom. For confirmation, we're waiting for the break of the ascending red trendline.
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
1.36 has proved to be very strong support for GbpUsd and the pair reversed losses from this point and is now trading above 1.37 support. I'm bullish as long as 1.37 is intact and I expect the pair to reach 1.4 zone in the next few days
It is over 250pips move in our direction since my last publication (see link below for reference purposes) and the appearance of a strong reversal pattern (Double Bottom) at this juncture in the market suggest a trend reversal is unfolding as price continue to find higher-high since hitting a bottom @ $1.36000 a couple of times. The British pound spiked a bit on...