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Gbpusd-trading

GBPUSD turning down?More downside should be coming for Gbpusd... Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
GBPUSD: Important Decision Ahead 🇬🇧🇺🇸 GBPUSD is very close to an important decision point: 1.3785 - 1.38 is a support cluster based on a current local structure low. Here are two scenarios for you to watch: Bearish - To catch a bearish continuation, wait for a breakout of the yellow zone to the downside. It will trigger a bearish move to 1.37 Bullish - To catch a pullback from the underlined zone, let the price reach the yellow zone, wait for a bullish breakout of a falling wedge pattern, buy aggressively or on a retest. Goal will be - 1.393 Wait for the trigger and follow the market. Are you bullish or bearish on GBPUSD? ❤️Please, support this idea with a like and comment!❤️
Short
by VasilyTrader
14
GBPUSD Selling with a level breach GBPUSD Selling with a level breach ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast.
Short
by QuantumLabSignals
3
GBPUSD NEUTRAL BIASThe British pound has moved back under the 1.3600 level against the US dollar, after risk-off sentiment came cause sterling to tumble on Friday. Technical analysis highlights that the GBPUSD pair faces strong upcoming support from the 1.3520 area. Overall, the GBPUSD pair is still setting higher highs on the weekly time frame, so bears still need to be careful at this stage. The GBPUSD pair is only bullish while trading above the 1.3580 level, key resistance is found at the 1.3660 and the 1.3710 levels. If the GBPUSD pair trades below the 1.3580, sellers may test the 1.3520 and 1.3460 support levels.
by K41L3Y
1
Trading plan for EURUSD, GBPUSD, USDJPY for 04/01/2021EURUSD* Technical analysis**: Trend: 1 Trend power: 2 Overbought/Oversold : absent Preferable trade direction : buy Buy near 1,2230 with a stop loss above 1,2190 and a take profit near 1,2300. Buy near 1,2160 with a stop loss above 1,2120 and a take profit near 1,2250. GBPUSD Technical analysis**: Trend : 1 Trend power: 3 Overbought/Oversold : absent Preferable trade direction : buy Sell near 1,3690 with a stop loss above 1,3740 and a take profit near 1,3560. Buy near 1,3550 with a stop loss above 1,3500 and a take profit near 1,3650. Buy near 1,3450 with a stop loss above 1,3400 and a take profit near 1,3550. USDJPY Technical analysis**: Trend: -1 Trend power: -4 Overbought/Oversold : absent Preferable trade direction : sell Sell near 103,80 with a stop loss above 104,10 and a take profit near 103,20. Sell near 104,40 with a stop loss above 104,80 and a take profit near 103,70. Buy near 103,00 with a stop loss above 102,70 and a take profit near 103,60. * all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant; ** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames; the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames; overbought/oversold is defined in terms of the analy sis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30; the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market. Wish you successful trading solutions and transactions!
Long
by Trade24Fx
GBP/USD – the pair for the global economy?Two main fundamental factors depressed the GBPUSD for the past couple of years—Brexit, and now recently, the Coronavirus. The trade is relatively simple – once there is a vaccine for the Coronavirus, alongside certainty on Brexit talks, a good case can be made for the pair to reach its Pre Brexit/Pre Coronavirus levels around 1.45 Pound needs to meet two catalysts to hit 1.45 Let’s go over the technical first. A Fibonacci drawn from 1.34 to 1.15, from the 2019 high to the 2020 low, can see the level of 1.45, hitting perfectly with the 161.8% retracement level, which was the level before the Brexit referendum results were announced in 2016. Alongside predicted further weakness in the US dollar, as vaccine hopes rise, the pound may rally on relatively less stimulus to its US counterpart. We can also see some consolidation zones and congestion around 1.32 and 1.38, where bulls and bears fight it for a higher or lower move. However, movements to the upsides past these zones paired with positive fundamental news may see price levels freely hit strong Fib levels. A robust full recovery, with pre-Coronavirus level economic activity alongside a positive post Brexit environment, and we can see levels hit 1.50 – 1.55. Brexit – time is running out, risky for the Pound It has almost been five years since the Brexit referendum took place—a quick refresher on why Brexit occurred. There were talks amongst the public that they were getting the short end of the stick regarding the European Union and that the majority of the citizens in the UK wanted to leave. The Prime Minister at the time, David Cameron, disagreed with the notion that the UK public wanted to leave. Therefore, he initiated a referendum to show that the UK did not want to leave the European Union. It turns out he was wrong, and they did want to leave. David Cameron retired soon after. Five years later, and we’re edging closer to a deal. Brussels and the UK have started in-depth negotiations again after the Coronavirus ravaged the world. A “deadline” has been set for 31st December, where Britain will “leave” the EU regardless of whether a deal has been met. However, “deadline” is in quotations as both have agreed to extend deadlines that have passed many times before. An EU official has stated that “its getting terribly late and may be too late already” and that “they haven’t quite reached where they had hoped to be.” If a “no deal” Brexit occurs on 31st December, shock waves will be sent not only in the financial markets but also supply chains all across Europe and the UK. There is currently free trade and free transport out of the UK and into Europe and vice versa. However, a no-deal Brexit would mean that on the 31st December, the EU will treat the UK like any other country. A no-deal Brexit should see the pound drop to a similar magnitude of that in 2016. However, if the optimistic scenario occurs and a vaccine comes alongside positive Brexit negotiations, we should see the pound rally against the US Dollar.
by BlackBull_Markets