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GBP-USD-SELL

GBPUSD - WEEKLY ANALYSIS GBPUSD - Follow the levels for upcoming week, based on trend lines and price action it is expected to go down. My approach will be a sell below 1.36100 Maintain stop loss around 1.36900 Potential downside target 1.34600 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered. Thanks
Short
by Professor_GS
GBP USD : The beginning of a corrective downward waveThe pound's pairs consumed the positive news at the beginning of the week about an agreement between Britain and the European Union on Brexit. The pound dollar pair continued to rise and reached a resistance area , where the bullish wave really seemed to be confined, as the pair failed to close above the ascending channel , and the corrective descending wave appeared, and the pair formed a right triangle that was able to break it lower side. The reason for this decline is due to the fading hopes that prevailed this week for the signing of the draft Brexit Agreement. Technically, if the pair is able to stabilize below 1.3310, it is a good opportunity to sell by targeting the lower side of the ascending channel and the uptrend within the price range of 1.3071.
Short
by TradingFleet
3
GBP/USD May fall 32-62 PIPPlease support this idea with LIKE if you find it useful. We can initiate a short position either now or wait the confirmation. short positions below 1.3130 with targets at 1.3045 & 1.3015 in extension. The RSI is bearish and calls for further decline. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
by hassiikahloon