GBPUSD created rising wages with a clear hidden bearish divergence on the weekly time frame. And its Monthly 0.618fibonacchi golden ratio zone; a big short antoicipated. 1st TP 1.241xx 2nd TP 1.222x
we see a tough and for of price in the market and this following my previous analysis on this pair
Am Currently short on GBPUSD . Confluences -trendline bounce,vwap retest,Order flow
My 2hr Supply was met, and a possible retrace around 1.24693 and continue the downside movement.
Looks like cable is fixin' to be done for, right about here! SELL it hard!
took a bit of loss. 100 pound to be exact. that's the nature of trading. you win some, you loose some
I Have closed all my positions on gbpusd and gold. over thousand pound up since 7 in the morning trading only 2 instruments.
If price breaks under key level shown eve ready for a plummet hundred of pips like previous trend shows
As DXY moves lower to our POI, GBPUSD is also moving to our sell zone for wave 5 to complete the daily degree wave a. We are expecting this moves to materialize latest Wednesday New York session.
Technical Analysis Summary GBP/USD TREND ANALYSIS 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 as an indicator of strength of levels (ONLY FOR VISUALS). White...
GBPUSD had been setup in a bearish manner GBPUSD has printed out a bearish pennant and has a large bearish momentum GBPUSD has taken Buyside liquidity and has built up momentum to Move GBPUSD has to give up a bearish Candlestick pattern and a FVG
#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the...
GBPUSD faced valid resistance of 1.24526 on 4 hours chart you will see that it's making double double on exact same levels previously and it's a supply zone if seen on daily basis. Further formation of head and shoulder pattern confirm that GBPUSD has entered into bearish mode and short calls can be taken .
Identified an opportunity during London Session. Price was looking to take out an old high Identified the legs of an ABC structure As it did we looked for a creation of structure before the liquidity grab Moved to 15 Min After the Liquidity grab, we looked for price to break past the creation of structure for a market structure shift MSS or CHoCH Moved to 5 Min...
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Uptrend in green color (Long Term) 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 as an indicator of...
Gbpusd - Daily - Uptrend is over on this pair and the bear hook is nearly complete.. expect a sharp sell off in this pair in the coming weeks and months possibly down to parity as dollar resumes its rally.
FX:GBPUSD I think the high of the week was setup on Monday. Marked the setup on the chart. Good Risk reward.
According to technical and fundamental analyses, GBP will decrease rapidly. Enjoy TP s.