GBPUSD formed strong bullish pin bar at Buy zone as well as channel support.Price is expected to go higher till 1.33200-1.33700 levels which is again strong supply zone. Trade at given levels.
GBPUSD has established new uptrend channel for 4hr chart but weekly trend is till down. I will wait to enter the price in supply zone for good risk reward ratio.
GBP/USD short-term Sell
The price break down the channel. The safest place where you can open SHORT entry is near 1.3280
S/L: 1.3330
Goal: 1.3110
Currency rate can make a retest of key weekly buy zone 1.3000 – 1.3040
GBPUSD is strong downtrend now. this currency has broken the monthly channel to which indicates that bears are in control now. I will Short at 1.34500 which gives us best Risk to reward ratio for the target of 1.33500 and 1.31500 for this month.
we expect that GBPUSD will visit the Brexit level around 1.45, to touch the upper boundary of the down triangle. For traders, This scenario should be treated with highly cautious plan.
Let's prepared for this scenario, and watch out!
Happy trading!
We expect that GBPUSD will heading to 1.335 resistance level, this scenario is valid if the market didn't BROKE THE LOW BEFORE PENETRATING THE DOWNTREND.
Let's get prepared for this scenario and watch out!
After a long bearish move,GBP/USD has made a higher high and higher low which indicates the end of downtrend.
It has also formed a 18 degree trendline which signals good strength in the counter.
It is currently hovering around the 50 SMA of 1 hour chart.
The daily pivot is currently placed around 1.32306 and we can expect the buying momentum to pickup once it ...
Today, the indicator "Kenji" on the daily GBPUSD chart generated a sell signal.
Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of GBPUSD is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same ...
Hi traders, GBPUSD is still Bearish . Don't miss this short. It has a huge potential.
As per my analysis, price action shall further move up to the below targets.
Entry: 1.31689 (or) Entry @ CMP
Take Profit: 1.30930
Stop Loss: 1.32068
Risk Vs Reward Ratio: 2
Go short the GBPUSD ; Good Luck
Cable just testing the downtrend line, i am looking for a strong breakout and a linear compression to take long position. Watch out this market.
Happy Trading.
GBPUSD incoming reversal
Bump and run revesal structure in gbpusd h4 ,wait price break minor trend line if price break major trendline price possible going to target 1 then target 2
Watch and wait price action in vital price & area
Write trading planing and exit planing to backup your trade if your analysis going wrong
Always write exit planing first before you ...
HI GUYS GBPUSD TESTING TO BREAK THE TREND KEEP WATCH TP MENTION IN THE CHART
SL -70 PIPS
ENTRY ABOVE 1.32300 PLEASE FIRST GET CONFIRMATION THEN BUY
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets ...
