GBP-USD is falling in a downtrend But a strong horizontal support level is present in it 1.3220 and the formation of the bullish harmonic pattern Although the risks we might expect Bullish correction with retest The resistance level above is at 1.3415
This is an update to my early February two month trading plan: GDPUSD has hit eventually our 1.3200 downside target after being rejected on more time just below the Lower Highs trend-line of July 30 2021. As you see, this trend-line is what's causing the long-term bearish trend on the pair, which can be alternatively viewed as a Channel Down, which only...
Hello my friends you can open sell posititon in flip zone weekly: down trend daily:down trend 4h:down trend this analysis for long time good luck
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS) We have 1 Downtrend in red color (LONG TERM) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness...
#GBPUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
GBPUSD has formed an Inverse Head and Shoulders pattern on the 1D time-frame, which is technically a formation ahead of a bullish reversal. Before declaring a categorical long-term bullish shift, there are various Resistance levels to consider. First, as long as the Lower Highs trend-line since the July 30 2021 High is holding, which is also where the 1D MA200...
I have taken quite a number of short term personal trades off public eyes due to my inability to find a long term perspective to share with you on this pair - GBPUSD. From the current set-up tonight, I think I am seeing something concrete that we can hold on to for an extended period of time. Recent developments reveal that the GBPUSD has advanced to its strongest...
GBPUSD SELL 🔴 Price = 1.3582 Tp1 = 1.3540 Tp2 = 1.3511 Tp3 = 1.3400 SL = 1.3660
As i said in the last weeks... "as I have been saying since May 15 ... As with EJ, GU consisted of the same patern and 1 week chart and 1 month chart what makes me prepare for Sell 700-1000 Pips as I say for a few weeks! ...However, even if it can reach the 1.38-1.38500 area again, in the next period I will continue to search for SELL until the 1.29500...
The pound has been dropping since June 2021. In the last six months, the pound has not been able to break the trendline resistance and support the trendline. Currently, the GBP/USD is hovering close to trendline resistance. More than 450+ pips have risen from trendline support in the last 20 days. That's why I am expecting that market may have some...
This is a (very) long-term chart of GBPUSD on a multi-decade long basis on the 1M time-frame, as I want to make a clear case why, despite of December's rise, the pair will remain a 'sell' during the majority at least of 2022. I've plotted the Sine Waves to illustrate the sense of long-term Cycles on this pair. As you see, for the past 20 years at least (since...
Time Frame: Daily Symbol: GBPUSD Bias: Short We are expecting a very weak short position here. To get a proper edge we need substantial price action.
GBPUSD has been trading within a Channel Down since May 2021. It is about to test the 1D MA50 (blue trend-line), being the closest to it since breaking below it on October 29. As per the July 21 - 29 rebound, the Resistance on this rally is the 0.618 Fibonacci retracement level at 1.3580. A break above this level, will most likely not be contained within the...
Here is my view for GBPUSD on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
With over 500pips in our direction since my last publication on this pair (see link below for reference purposes), we might be looking forward to a Bullish momentum in the coming week(s) following the Breakout of the Bearish Trendline during the latter part of last week trading session. It is clear that the Pound went back and forth during the course of last week...
Time Frame: 4H Symbol: GBPUSD Bias: Neutral The trend is going down but due to lack of momentum and volatility we cannot see any major bias here. We are planning to stay out as long as we are in doubt.
As i said in the last week... "as I have been saying since May 15 ... As with EJ, GU consisted of the same patern W and 1 week chart and 1 month chart what makes me prepare for Sell 700-1000 Pips as I say for a few weeks! If we look into the left on the one-month chart you will see that even if it closed below level 1.42, Gu has climbed up to Zone 1.43700 before...