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Gbpshort

GBPUSD; Bearish on the British Pound Against the US Dollar1. We have gotten a short signal on GBPUSD from our Silver Scalper strategy on the daily timeframe as our Range MA shows a downtrend (background Red) and our Bull/Bear has given a short signal. 2. If the market opens in the R1 range then you can consider entering short and remaining short until we get a Bull signal from Bull/Bear or Range MA shows an uptrend (background Green). 3. Levels to watch to the upside are the ranges at R1 - R3. 4. If the downtrend is still valid, we can add to our short position on additional Bear signals. 5. Levels to watch for reactions to the downside are S1 and S2 where we would hope to see a bull signal to exit short. --- NOTE: We conduct market analysis on a daily basis from a trend trading perspective using our own in house built tools. If you like any of the content we provide please leave a like and a follow to show your appreciation. --- STRATEGY USED: Silver Scalper Trend Confirmation = Range MA Entry Signal = Bull/Bear Power Exit Signal = Bull/Bear Power OR Range MA
by AlphaBotSystem
GBPCAD Short trade idea in the making +/- 500pipsOn 31 March 2020 the pair made a high @ 1.77958 The #GBPCAD being a #commodities driven pair reacted accordingly to the current oil crises. As if that is not enough the COVID-19 situation just adds fuel to the fire. All of the aforementioned contributes nicely to the short trade idea on the #GBPCAD. The latest hospitalization of Prime Minister BJ and him being moved into the ICU, give us the final support element to this idea. NOTE: Extra volatility might presents itself due to worse then expected economic data or an improvement or deterioration of Boris Johnson's condition, so, be careful, alert and stay safe. Entry: enter at market during any pullback opportunity during the NY session today (7 April 2020) Stop loss: it is advised to apply a 80-100 pips stop loss (micro lots). This is due to the volatility in the #GBPCAD. Take profit: in the 1.67300 area which will give a good +/- 500 pips RR: between a 4/5:1 Remember, anything can happen and it will happen.
Short
by CM-Analytix
1
GBP USD shortWe had a strong downward rally, retracement but failure to break 1.25 - resulting in a long consolidation {within the gold box] - we have now broken out of the consolidation box to the downside as 1.23 failed to be broken. NFP produced horrible job creation but grew in artificial strength because of this. Next- we have added shorts and will add positions where pullbacks apply. We expect this to be a swing trade and at 4 hour zones draw down 25% of current pips. Trend = Bearish
Short
by LupaCapital
GBPUSD - uncertainty A large number of options with GBPUSD is giving us 3 main scenarios: 1. Yellow - the simplest, we wait for little up movement and then the continuation of the following correction; 2. Purple - some concave movement after which the top is retested and maybe we'll have another top after which we have another 2 options: 2.1 - Purple - here we have some flat correction and possible continuation of GBP price recovery; 2.2 - Green - after a new top is there we have an aggressive sell-off to complete a sufficient correction;
by EmilShakaryan
1
GBPNZD Enter now and earn alot <3GBPNZD trying to break the main resistance and has tested it multiple times now today GBP CPI news coming out can act as an enzyme to boost it up to and can even cross it's resistance of 2.03982 GBPNZD buy@2.03292 tp@2,03982 tp2@open Enter this and close half lots when tp1 hits and move the sl at entry level and go long term to earn hell lot of pips follow me and message me if you want me to be your''e mentor Also we provide account management services
by Forex_Pros