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🔰 GBP/USD — Could shoot up before the week ends + w Pullbacks🔻 The Daily Candle of Pound closed Bullish - the Pullbacks to our mentioned Support has reached and now trading above and between 1.415 Level - A breakout from here will lead the Price to our Bullish Target 🔹 As we mentioned a slight pullback to give the Pair more liquidity to the upside has happened in Sydney Session 🔹 DXY will make GBPUSD volatile if we got any Bearishness in the Dollar - For now, we will keep eye on the Bullish movement ✅ If GBPUSD show us any breakdown below our Support we will be looking to short 🔔 The Dollar Index will play a significant role with this pair, Bearish DXY + closure above 1.4200 Level will give us a confirmation to reach our Bullish Target
Long
by PipOfLife
🔰 GBP/USD - is going to the moon 🔰🔰 GBP/USD — Daily Outlook 🔰 🔻 The Daily Candle of Pound closed Strong Bullish as the start of the new day the liquidity has delivered our Bullish Target - A 4H closure above 1.4200 Level will push the price for our next Target ( But be aware of Pullbacks ) 🔹 As it is too late for the price to close above and break our waiting level, we will face a slight pullback very soon ( In order for GBPUSD to collect more liquidity from investors if we did not face a Lower Low but respecting last OB that is shown as a line below the last HL ) 🔹 Above 90.00 in DXY will make GBPUSD to pullback - Otherwise, when the DXY is trading to the downside, GBPUSD will face bullishness to reach our target ✅ If the price action shows any pullback in price, our target to BUY at 1.4150 ( Chat with our Support Team so they can help you make trades like a PRO @PipSupportbot ) 🔔 The Dollar Index will impact GBPUSD price very heavily if we saw any Bearish price in the Dollar Index
Long
by PipOfLife
GBPUSD IDEAHi traders, GU had a huge run to upside very fast, buyers took control of the market. as for now GU showed no rejection. However wee see movement within a chanel as pointed out that has been respected many times. before the closing of the markets on friday we got 4TH touch on the respected trendline and the pair showed a strong bearish momentum. i am gonna wait till the market opens how its gonna react. but most likely tha pair will reach 143 level soon to meet each weekly ressistance.
by ChrisMTrader
GBPUSD - Potential Short (SELL) Entry DevelopingGBPUSD has continued with it's bullish up-trend with the current risk-on market sentiment. I've identified A potential level for an overdue retracement at the 140.0 level - this is a strong psychological level, and it also aligns nicely with the current bullish trend line. I've identified other factors including correlation which supports this short term retracement idea. Shorting GBPUSD is a high risk endeavour at the moment and this is the only area with the highest amount of confluence for a "safer" short attempt at the moment.
Short
by ZakTheMak
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