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Gbpshort

GBP/AUD - Short Hey Guys, GA is looking great from the higher timeframes for a longer-term move lower. I have just been tagged into my position for the short, the at least complete to the lows of the larger flag. I took this based on the lower time frame price action of having the first push and flag from the third touch of the larger structured flag. In this breakdown I explain: Full top-down analysis Why I have been away for a while My gameplan if I was to be tagged out for a loss my profit levels and management plan Hope you had a great week all! As always, if you want me to break down a pair then send me a message.
Short
by HarrisonForexx
GBP/USD Tehnical Analysis for Today Will be Updated Stay TunedPurple Line = Daily SNR /Trendline Red Line = 4 Hour SNR /Trendline Orange = 1 Hour SNR /Trendline Yellow = 15 Minute SNR/Trendline Will be Updated During the Day Stay Tuned If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
by ArmaTrader97
GBP USD MAY GO SHORT ACCORDING TO MY ANALYSIS. {6/6/2021}.Disclaimer:- Educational Analysis says GBP USD may go Short according to my technicals. This is not an entry signal. I have no concern with your profit and loss from this analysis. Why short? Looking at the pair weekly is held up. And daily is down. On 15 min time frame pair making a lower high and lower low. Which can touch to the daily support at 1.4012. And plus in 15 min tf, i Saw a double top which is confirming the pair is heading downside. On 1 hr time, frame pitchfork tool is applied on the 2nd top. For extra confirmation just zoom in and see the last candle before the market closed on Friday has bearish engulfing. The risk to reward ratio is 1:1.99.
Short
by VishalBudhrani
GBP ShortI'm predicting there may be an opportunity to short GBP against other currencies Sunday evening, before the JPY interest rate announcement Monday Night. GBP is differentiation on USD, showing weakness compared to the other currencies. The other currencies gained strength, and are all above their Simple and Weighted Weekly Moving Averages against market low USD. GBP is still underneath its Simple and Weighted Weekly Moving Average against market low USD. Furthermore, it's GBP's 10 Day Linear Regression Offset is rather close to passing the Smoothed Moving Average on many charts.
Short
by Osinaike
The Pounds Climb Against the Dollar- Some Reference PointsThe pound has been incredibly strong against the dollar through early 2021 and it has peaked out at 1.42418 following some sharp downward momentum. Here are some potential reference points for this week as well as some longer term POI's that might come into play in the near future. The Pound's rate is at a similar level as 2016 yet interestingly enough the US 10 year bonds are at levels similar to 2012 lows and though they seem to be recovering from almost nothing. None the less, the Dollar still may be in trouble on a short term basis. Cash has been printed on a widespread basis and there is a now seemingly exponential growth to the money supply in the US compared to normal trends. Compared to Asian counterparts, the Dollar has preformed seemingly well with similar equity market conditions which brings me to my next point. As the dollar continuously loses value, and the potential growth sector in the US equity market corrects, it raises the question: has the US moved out of the euphoric market state into recession like trends? I choose to take the standpoint that though the outlook may be grim, no, there is not a recession on our hands and the dollar is likely to recover some of its losses within the year as long as the Fed keeps a steady hand.
Short
by crawfordpaul
GBOUSD CONTINUATION DOWNWARDSWhats up guys, back with another idea. Dont forget to leave a like and if you wanna stay updated with my ideas go ahead and follow the page! We are getting better everyday. Now, on with the idea: So, we see that pre NY session, the pound was stuck in a consolidation zone. We can take from that, price is getting ready for a major play. WE can see the tall wicks at the tops of certain candles, telling us sellers are pushing down. Pair that with the fact that we are making lower highs in the process. We can conclude we are forming a down trend and we can proceed to see a drop to the lower supports i have marked. the green dashed lines being targets and the blue being a major level. Remember to use price action, risk management and be patient. Play the game, dont rush it. Trade Smart, Trade Precise. Lets get it snipers
Short
by fastboiijd