British Pound / U.S. Dollar GBPUSD

We have RSI divergence so may need a correction before continue dropping!

The pair can fall. On the 4-hour chart, the downward correction of the higher level develops as a wave (2). Locally the wave C of (2) is forming, within which the wave of the lower level iii of C is developing as a momentum. If the assumption is correct, the pair will fall to the level of 1.2580. The level of 1.2830 is critical and stop loss for this ...

I believe it will slowly drop as brexit

GBPUSD Buy Idea @ Monthly Demand Zone (1.2543 - 1.1969) Buy Limit: 1.2577 Stop Loss: 1.1932 Take Profit: 1.3486 Risk Management = 0.01/$100 Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:1.5 – 1:3 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it reaches 80% ...

GBPUSDcontinues to trade just above 1.2700 with the pair driven by the rampant greenback. Recent UK data has been benign to mildly Sterling supportive, but GBP cannot match the strong US dollar complex.The US dollar index (DXY) currently trades at a near 14-month high, propped up by US rates – the 2-year UST yields 2.635% - and strong economic data with five ...

Pound at support zone, possible short term long to revisit 1.3

The British pound has tumbled below the 1.2700 level against the greenback, as Brexit concerns and US dollar strength weigh on sterling. The GBP/USD has also fallen to a fresh 2018 trading low and retains a strong bearish bias while trading below the 1.2722 level. Sellers will likely target the 1.2650 support level while buyers need to stabilise price above the ...

Hello Traders, In this short-term analysis, we will have a look GBPUSD. Short-term Elliott wave view suggests that the rally to 1.3217 high ended red wave 2 bounce. Down from there, red wave 3 was taking place as impulse structure with lesser degree cycles are showing sub-division of 5 waves structure lower in it’s each leg lower i.e black wave ((i)), (( iii ...

On the daily chart, the 200EMA shows me where the long term trend will be for the currency, the EMA showed that price was below the EMA which indicates that the trend is bearish.I can also see a breakout on the price resistance line(1.26978) so it could show that the price will continue to go down.I switched to the 4 hour to see if the Ichimoku signals show ...

Current technical analysis on GBP/USD shows a resistance @1.34428 and current resistance @1.34428 using the Parabolic SAR + Average Directional Movement Index strategy; it shows the DI- line intertwining with the current ADX line as the DI- line is hovering way above the DI+ line. Candlestick pattern 'Three Black Crows' has confirmed this current strong downtrend ...

Missing few pips down.. https://www.tradingview.com/chart/GBPUSD/ZJiYLH4B-GBPUSD-Downtrend-in-an-uptrend-D/ https://www.tradingview.com/chart/GBPUSD/8gaI0Ocl-GBPUSD-4H-Shorts-active/ Trade with care

Idea based on the market posed to move lower: I want to see price move higher, run stops on intermediate high (X) inside the blue box. What I look for at the blue box area for me to get short: 1. Switch to Lower time frame: 15/5min 2. Price action: Identify impulsive move and corrective price, key area where institutional players are buying or selling 3. ...

Price still very bearish, expecting a pullback/retracement before move continues. Because move is so bearish I'm looking at 0.382 fib retracement level for TP placement.

Guys GBPUSD make spinning top keep watch and breakout after entering the trade 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 can be substantial. You should carefully consider if engaging in such ...

As you can see from the diagram we are still short...

This is the set up i am looking it.

GU | SHORT | H

Currency rate break up powerful 1 year level 1.2774 After pull beak to 1.2774 we can open long with goal 1.2965 because when the price bounced from such levels like 1 year low it can move few hundred pips. I will publish a signal when you can open a deal, if this post will get 50 like.