Time Frame: 4H Symbol: GBPUSD Bias: Short The instrument is showing a short bias. Though the price seems to be goin g up , the weakness of upward move shows a bearish hidden divergence . We can short the pair to utilize the opportunity from the short term volatility.
the weekly of this currency pair is currently downtrend
Got 5/5 trades right this week on GBPUSD. Going short on this pair has been a miracle this month. For today I am looking for a shorting opportunity from the that I have drawn above (Square Blue Box). With the confluence from 4H bearish move, I am confident with this trade to make 60 pips of profit while risking 20~30 pips (depending on your lot size) For this...
Time Frame: 4H Symbol: GBPUSD Bias: Short Considering the dynamic support and resistance, we are going to short GBPUSD. The obvious factor is the lack of market volatility due to seasonal and fundamental factors. However, we can expect a small move from the current price projection.
Considering the possible turn up of GBPUSD, probably a new accumulation pattern will take place.
GBPUSD short! There's a lot of volume in the current area, the Pound is testing the 200 TEMA and downtrend channel., is very likely that it re-test the 1.36 area and the main target is 1.34.
Nice GBP/USD Sell setup with the trend from the resistance area to the green level as a first target. Good luck.
On GBPUSD we can see a nice channel. Tomorrow GDP news. I bet on SHORT on this pair.
My eye was on GBPUSD when a new came on by FEB last on week. I did some research and worked good for that week in bearish. Today a new has came for rebound from 1.3700. It will hit back down just keep your eye on it. It will definitely touch 1.3575 Comment down on which you want analysis.
Similar to EURUSD, I'm waiting for better short entry's.
Multiple confluence. USD strength this week. GBP under 200 EMA and 50 EMA cross. Bearish engulfing candle 4HR time frame off retracement zone.
...GBP/USD TRADE SETUP... As you can see the price is making LL structure the trend is DOWN as like my previous idea on EUR/USD SHORT if you didnt seen it yet i'll give a link below... GU now retrace to the AOC where price is now trading near * Resistence * Supply area * Fibo 50% * Multiple rejection candle at the AOC Its a good place to short GU TP expexting...
Price have played as planned will be looking for 13650 or 13600 for some price action to develop
According to My Analysis GBPUSD Will Move in Downward Channel And Hit My TP Targets
1:3, short opportunity, anticipating push to downside given recent price action forming on the 1 hour timeframe
So we have a rather tall Asian range ...not particularly excited or expecting a solid break and reversal early london, might not happen until NY even. But then the levels I'm interested in above and below are the lines. Wait for break out of the range and then a reversal (M or W) at the level and then decide/find entries and execute. Big picture this is just...