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Britain

gbpusd, shortSimilar to the Eurodollar, the pound dollar will enter correction after hitting the ceiling of the descending channel and will move towards the ceiling of the channel after correction again. Stay with me to get more analysis after following me by sharing with friends and leaving a comment According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Short
by Hamiratrading
5
#GBPUSD lowest level since 1985! Britain to suffer in the2020's Shown is just a simple chart for the British Pound. For most of this charts life the #POUND has traded above the violet shaded S&R zone until the #BREXIT vote which led to the breaking of major support. As you can see after breaking below the brown shaded S&R zone it has reversed its role to now resistance from below. #GBPUSD has been forming the blue rectangle which has now made a new all time low in the history of this currency. I believe it will enter a new trading zone over the next few years... with a possibility of continuing on to its ultimate target of 0.71 meaning less than 3/4 of a dollar will buy 1 Great British POUND Even though #BITCOIN, #GOLD, #SILVER are coming under pressure At some point British citizens would be advised to seek shelter in alternate forms of money.
Short
by BallaJi
3
GBP upd. Oct. 07, 2021Historians call the British Empire the largest state in the history of mankind. It reached its maximum size by the beginning of the 20th century. Its area was 32 million sq. km. (23% of the Earth's land area), and the number of inhabitants reached 500 million. The British Empire was founded in 1497 and formally existed until 1997 (exactly 500 years) till the moment of Hong Kong returning to the jurisdiction of China. In addition to England, the British Empire included 69 countries, including Ireland, India, Afghanistan, Pakistan, Egypt, Canada, the United States, Australia, New Zealand, and Qatar. We can find many false explanations about the causes of British power. These include industrial innovation, the successful development of manufacturing and later factory production, and progressive "British ideas" in international trade, which enabled the British to drive competitors out of all lucrative markets. Even more skeptical is the explanation of the British economic miracle by the existence of a democratic parliament, which limited the power of the monarch, and by the ideas of reformation. The main reasons for British power are an advanced navy and cunning and devious diplomacy. Thanks to them all the key resources, trade routes, and markets for products were under British control. The British gained their economic power through victorious wars, piracy, the slave trade, the pillaging of merchant caravans and the drug trade. The British, incidentally, are the founders of the drug trade. It began with the establishment of channels for the sale of opium from their Indian colonies to China and ended with the Opium Wars, in which England defeated the Chinese fleet and imposed bonded terms of trade. The twentieth century was a century of losing power and actually becoming a colony of the United States. After Brexit, European countries are starting to provide direct pressure in all spheres. Britain is clearly not in the best position even to defend. The current situation: In the global financial markets - is in the horror of things to come. Divorce from the European Union - when was any divorce ever positive? A domestic situation with a constant desire to divide. Don't you think that the currency is overvalued by about 100 percent? 0.7 to the dollar, like all the other commonwealth islands and Canada would be more to the point, isn't it? T.S.T.W. Not legal and financial advice; Any information provided here is only the personal opinion of the author.
by AlpacaBlack
5
GBPUSD likely continuing to move up in the mid-termFollowing the high timeframe analysis on GBPUSD in the last video, this time we looked at the mid-timeframe to see what would likely happen in the short to mid-term. I personally believe the price will eventually break through the range of resistance at around 1.3500 that has confined the price for the last 24 months. Indicator showing us formations consistent with those usually observed in an area where continuous growth in value is likely. Walkthrough of the details laid out in the video. I am marking this analysis as a "long" in view of the likelihood of GBPUSD going up above 1.35 in the coming weeks, some possibilities for short term corrections notwithstanding.
Long
by Popovich
This 544 Pip Opportunity Is Backed Up By Confluence!In this idea on GBP/USD we find confluence of two major chart patterns. A supporting trend line and a horizontal support zone. In trading, the presence of confluence refers to a circumstance where multiple technical analysis factors collectively form the same indication. Since multiple factors are combined, confluence has the potential to greatly increase the reliability and accuracy of trades. Arguably confluence is the most important probability enhancer in trading. The support zone is created due to the S/R flip. Besides buying at support and selling at resistance, the ”Support/Resistance Flip” principle provides reliable entry opportunities. Although supports and resistances are likely to hold, they do not always hold. After a support or resistance is broken, the level remains useful. This is due to the general trading rule that a broken support becomes resistance, and a broken resistance becomes support. In other words, once a broken resistance level gets retested, it tends to act as support. This concept is particularly reliable when a support or resistance level breaks on high volume. Together, this marks a very high probability reversal point. I see a great potential here for a 544 pip trade set-up. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
8
Are the markets losing faith on FTSE?The situation looks very dismal for FTSE100 as since June's High, the index has been trading within a Channel Down that has already lost almost 50% of the post March gains. Additionally, the MACD on the 1W chart just made a Bearish Cross. The whole sequence from start (Death Cross) until now, loos very similar to the 2008/2009 credit crunch. Have the markets lost all faith on the UK100 in order to push it to the 1.236 Fib as in 2009? ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
OANDA:UK100GBPShort
by TradingShot
2