GBPUSD Intraday - We look to Sell at 1.2632 (stop at 1.2756) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly...
GBPUSD Intraday - We look to Sell at 1.2420 (stop at 1.2550) We are trading at oversold extremes. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We look to sell rallies. Our profit targets will be 1.2055 and 1.2000 Resistance: 1.2500 / 1.2800 / 1.3000 Support: 1.2210 / 1.2000 / 1.1500 ...
GU has rejected our 4 hour resistance and 78.6% fib level. Moreover is still in our ascending channel. I believe price will push up towards the 1.33277 level, which indicates it will liquidate the shorts at 1.33. This also gives me a stronger bias that this trade will be profitable; the DXY looks bearish as well.. The orange circle is my take profit....
I have drawn what I believe could potentially happen on GU. I f price action rejects our fib level and our area of resistance. If we do not reject this level then GU will melt lower.
In Daily Analysis, I Think We Need Pump To Market See Point Of Intrest Be Lucky
I found an idea that sterling would meet it's supply area @1.40700 since the market retest the flip-over S/R, breaking the bearish trendline, formed a bullish pennant pattern, and made a multiple bullish divergence on oscillator in confluenced as a bullish continuation signal.
GBPUSD has traded into the golden pocket fibo and the 200 hour MA resistance. PPO and RSI also point to downside!
GBPUSD has been exhibiting a textbook Lower-High and Lower-Low since June of 2014. The most recent lower-high was in April of 2018 and price made a lower-low in March of 2020. Since March of 2020, price has been in an uptrend and has not made a lower high than the April 2018 high, IN FACT, price has reached the same high of April 2018. This is a potentially...
Hello Dear Traders. GBPUSD is Now on a Major Key Level and May Something Happen in the Future that change Trend Direction. So it's better to be aware And Close or Don't open Long positions to see what potential or reaction will be here. look for your Money management and strategy at this Area. Good Luck.
Hi everyone I hope you are well In the final analysis, our purchase idea was successful and we made a good profit. But in this analysis I present two hypotheses: 1. The price will reach the resistance zone specified in 1.4142 to 1.4242, and in dealing with this zone and pullback to the previously broken daily trend line, change the trend and start a relatively...
Hello I hope you are well This analysis is done on a daily basis and has long-term goals. The last time we analyzed the chart, we had a sell signal. Our sales deal has not been closed yet and about 200 pips entered the profit and returned, but it is still open. As we analyzed last time, the previous analysis is correct and the chart could not reject the price of...
In a few previous analyzes, we thought that sales were more reasonable, and we made a good profit from these sales. We still believe that we are facing a temporary upward correction and we are waiting for the price reaction in the specified area. Our analysis is that the price after reaching this area with a Kendall pattern can give us a sell signal.
#GBPUSD: The range bound action in an ascending channel is expected to break upwards. With the bias remaining bullish, preference is to buy the dips with stops below the invalidation level 1.3520
Long position on GBPJPY above 142.04, targets at 142.83 - 143.06
i think GBPUSD pair may target up to 1.40s. but a very sharp pullback can happen here first. look for buys around ~1.27xx.
Hello everyone! GBPUSD is back in the channel, though as before remains close to the dynamic resistance. The pair formed a rectangle pattern and I'm bullish on GBP above the 1.33992
Wait for breakdown on GBPUSD and sell Share thoughts in the comments below Like and follow for more content Good Luck