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...
Time Frame: 4H Symbol: GBPUSD Bias: Short We are shorting gbpusd considering the short term chart pattern and price actions . The current trend of GBPUSD is in a downward direction,we expect a continuation of the current direction.
I was meant to say daily INVERSE head and shoulders**.. price quick sell off similar to GBPJPY so are we going to see this continue or get a quick push back out of this level?? if we get a quick push out of this support once again its defiantly a long trade I want to jump on, so for entry's I will be down in the 5 min and will looking at jumping in and been...
As i said in the last weeks ... GU rejected from the 1.37800 area and started the descent towards my final target for this period! however ... considering the macroenymic period of this period I expect that it will retest 1.37500 but it will still reach the target of 1.35500 in a short time THIS WEEK...as I told you last week ... GU reached my No. 1 target and...
If you want to know how GBPUSD will move for next 1-2-3 month, here is my idea 💡 Market always move as history. DXY also have turbo boost for grow up. If you have idea, comment for any reason below here. And Like if you agree.
The Fed has been reported to be not in a rush mood to increase the interest rate although the inflation is considerably high for the country, as told by its chairman, Jerome Powell Technical Analysis: GBPUSD on 4H chart has been seen moving along the trendline which could indicate a potential upward continuation.