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Gbpusd-trading

Trading plan for EURUSD, GBPUSD, USDJPY for 12/06/2020EURUSD* The technical cross-section**: Trend: 1 A strength of trend: 1 Overbought/oversold : none The priority area of transactions : buying Selling in the area of 1,1360 with a stop above 1,1410 and a profit in area 1,1260. Selling in the area of 1,1450 with a stop above 1,1510 and a profit in area 1,1350. Buying in the area of 1,1280 with a stop below 1,1240 and a profit in the area of 1,1350. Buying in the area of 1,1180 with a stop below 1,1140 and a profit in the area of 1,1350. GBPUSD The technical cross-section: Trend : 0 A strength of trend: 0 Overbought/oversold : none The priority area of transactions: selling Buying in the area of 1,2500 with a stop above 1,2460 and a profit in area 1,2600. Selling in the area of 1,2650 with a stop above 1,2690 and a profit in area 1,2500. Selling in the area of 1,2750 with a stop above 1,2790 and a profit in area 1,2620. USDJPY The technical cross-section: Trend: 0 A strength of trend: -1 Overbought/oversold: none The priority area of transactions: selling Selling in the area of 107,90 with a stop above 108,20 and a profit in area 107,00. Selling in the area of 108,50 with a stop above 108,90 and a profit in area 108,00. Buying in the area of 106,80 with a stop below 106,40 and a profit in the area of 108,00. Buying in the area of 106,00 with a stop below 105,60 and a profit in the area of 107,00. * 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 analysis 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!
Short
by Trade24Fx
2
GBPUSD: Complete Indecision this trading week has started at a slow pace. gbpusd has reached a key structure level last week, and these last two days the market is just coiling in sideways. market participants are waiting for some trigger. from current prices, the best strategy for you to follow is to wait for a breakout of a decision range on 1H. in case of a bearish breakout, I will sell the pair with the initial target 1.205 (and by the way, my bias is bearish here) in case of a bullish breakout, I will buy aiming at 1.27 no matter where the market is going next we can trade it following this strategy! good luck!
Short
by VasilyTrader
13
GBPUSD-Weekly Market Analysis-Jan19,Wk4On daily chart, GBPUSD has not turned bullish but the 4-hourly chart and 1-hourly chart says otherwise. There is 2 ABCD pattern within the chart, 1 speaks for the 4-hourly and another the 1-hourly chart. The cyan box demarks the buy zone on the 1-hourly chart. I will be waiting for buying opportunity, which will set in after I have spotted the confirmation signal. As our website is under construction, you can reach us via our facebook page: www.facebook.com
Long
by RaynLim
GBPUSD-Weekly Market Analysis-Jan19,Wk3While GBPUSD on its Daily Chart still indicates a bearish tone, but it does give me a breakout and pull back trading opportunity on the 4-hourly chart. Exact Level will be shared with my subscribers but the final target level I'm looking at is at 1.2956-1.2967. Now you know the target level I am looking for the question for you will be which price will you exit? As for me will be... Please do decide before reading my choice... I will be looking at 1.2956 to close off my trade, should this trade occurs, a simple rule I always follow, always enter slightly later(market confirmation) and exit earlier(not at the furthest profit potential so I won't miss the exit.) If you love my trading methodology, just subscriber to our trade ideas at: forex100academy.com
Long
by RaynLim
GBPUSD - Poised for further gainsGBP closed approximately at a previous week's high and just under 1.3300. The UK June PMI surveys all surprised on the upside last week relative to market expectations, while BoE Governor Carney sounded more upbeat about the economy in a speech in Newcastle. Markets now attach around 80% probability of an August rate rise and GBP remains rather robust against the USD (which is receiving negative vibes off the NFP report). We like the odds of further gains this week.
Long
by Sam_Eder
1
GBPUSD ONLY INTRADAY BULLISH ABOVE 1.3270The British pound has moved towards the top end of its recent short-term trading-range against the US dollar, as the greenback moves lower in early week trading. The GBPUSD pair continues to probe towards the 1.3300 level, but has so failed to gain traction above this key level. Buyers will need to break the former weekly high of 1.3313 to keep the bullish upside momentum intact, while sellers will look for continued technical failure below 1.3300 level. The GBPUSD pair is only intraday bullish while trading above the 1.3300 level, key technical resistance is now located at the 1.3313 and 1.3349 levels. If the GBPUSD pair moves below the 1.3270 level, key technical support can be found at the 1.3240 and 1.3215 levels.
Long
by OctaFX_Official