gbpusd has didn't break high and respected resistance zone. Looking to enter a pullback to go short now that momentum has shifted to the downside.
GBPUSD SHORT PROVING HOW OUR STRATEGY CAN HELP YOU LET THOSE WINNERS RUN GBPUSD Sell still running on our strategy. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish...
I believe the GBPUSD will go for a short because I can see a downtrend. It will hit the 1.28 zones then bounce down to the 1.26 zones.
I dont personally trade long term. Just publishing this to see if im right. Major resistantce level. Price has reversed from there many times. weve also just completed a full wave. Maybe we can see some correction now towards the downside.
GBP/USD Swing Trade Idea Looking to retest 1.26850 and bounce down to 1.17150. Good luck! And remember, this is just an idea.
Hello Traders ! Today I have this idea for you, I'm already in this trade. We have this pair that on daily TF is on a down trend, currently testing the highest price touched today, also we can see on the chart that the price was rejected when come last time here. I set my Sl above that high at 1.26450 more exactly, I entered already in this trade but you can...
If analysis are correct, this could be close to a 400 pip move. It'll be a patient move and could take a few days to completion... there's only one way to find out; wait for it.
GBPUSD is looking to fulfill an head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1 of 3...
Just a quick snapshot of the new channel that has emerged in the GBP/USD pair. Currently trading around the upper trendline, it is likely that we will see the pair move downwards towards the lower trendline. RSI is also around the 70s, and the 20 (red) & 50 (green) SMA lines are below it by a significant amount. - MY ANALYSIS SHALL NOT BE TAKEN AS PROFESSIONAL...
TF: 4 HR Looking for a retest of the levels shown, if it confirms I may look to short. These levels align between the 0.5 and 0.618 levels and around the broken trend. Some other confirmation is the RSI showing some bearish divergence over the corrective price action from the large downward/COVID movement a few months ago. Be cautious of price ripping back into...
I quite like the look of shorting GBPUSD at this key 1.22 level. Nice 1hr bearish trendline, consecutive lower highs and lower lows being made. The 50/200EMA alignment is bearish and I can see signs of 1.22 key level resistance holding strong. I think we could see a sell off from here through the rest of the week and at least see previous lows from Friday...
Hi guys, I am shorting the pair at these levels. It looks like volumes are not in a favor of a bullish move and price made a new low. I am looking now for the pair to test again these lows, at around 1.22500. R/R of this trade is about 2 ***Trade at your own risk***
Hello guys, GBP/USD just broke its flag to the downside a couple of minutes ago. It's also below the daily pivot level, EMA200 and its KUMO. I am shorting the pair and targeting the next fibo level. I will monitor the Stop-loss in case it goes against me. *** Trade at your own risk ***
We could have a potential head and shoulders being formed, it would give us a short opportunity. We look forward to our first target, at which you would take some profits, and see if you can let it run to our second target.