The GBP/USD pair is trading near its daily low, bullish in the short-term, after spending most of the day above a critical Fibonacci level at 1.2515. In the 4-hour chart, the 20 SMA advances above the larger ones, all fo the below the current level, while the RSI keeps advancing, despite being in overbought levels. The bullish case should remain firm in place as...
A 4hr break below 1.21400 will trigger a sell-off lower. Very simple. Let's make some free money, again.
Took a long on GU because of a fairly clean break and retest of the 4hr zone. I do see a head and shoulders forming so I don’t expect this to be a long term trade. Possible retest of the right shoulder. Playing this one close to the vest. After first TP, I will partial out and let it run. If price breaks, closes, and stays below the zone, I will be looking to...
GBPUSD buy stop 1.29565 SL 1.2929 TP 1.30114 R= 27.5 pips Si el precio llega a 1.29839, mover SL a 1.29619
Price finally moving down, did not expect the move up to be far as the channel becomes the resistant We now expect a bigger drop to complete the move down
GBPUSD sell stop 1.30575 SL 1.31469 TP 1.28787 R= 89.4 pips Si el precio llega a 1.2968, mover SL a 1.30394
I saw the movement of GBPUSD, it might go up because of the support at 1.30102 and break the bearish trendline. Here's a few option for buying up. PLAN 1 Buy limit @1.2990 and a 30-40 pips SL -NFP tonight and it might be risky. -More Risky Trade but i expecting USD to be neutral. PLAN 2 Buy limit @1.2904 and a 30-40SL -This buy limit is for after NFP, just in...
GBPUSD ini Netral. The power buyer = Power Seller. Better wait trendline breakout and dominant candle breakout. After Breakout the price will return to the Dominant candle so we can entry at lower boilinger band.. you can add boilinger band for entry after trendline and dominant candle breakout.
what's up everyone? just started forex so all advices are welcome. GBP/USD found a Major Resistance at Level 1.35 and didn't break it. I expect a Retracement and a retest of the support line around 1.31. For aggressive traders, maybe they can take the risk to go Short. SL : 1.34300 TP : 1.31300 Good luck and dont hesitate to comment.
Get ready for next week! TP1 : 1.28200 TP2 : 1.27000
GBPUSD sell stop 1.29682 SL 1.30008 TP 1.2903 R= 32.6 pips Si el precio llega a 1.29356, mover SL a 1.29617
Pattern: Rectangle on 1D. Signal: Bearish as the same consolidation (February - April 2019) resulted in a strong Channel Down. Target: 1.2600 (short term) and 1.2250 (medium term).
Good day, The GBP/USD cross is offering a sell signal this evening. Signal: - Double top - RSI breakdown - MACD bearing divergence Note: - Protect pips if there is a flurry of activity around the Haiken Ashi (smoothed) line Potential Drivers: - Pound selling due to political activity - Risk off flows bidding up the dollar / pushing down the Pound All the best, AL
Price playing with support and resistant, expect more downside till waves completion