Gbpusd_forecast
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD Short Selling Hello Traders and welcome to Illyrian Finance,
regarding the pound and in particular the FX:GBPUSD cross on monthly timeframe we have a strong rejection from a candle closing in 2 days probably in inverted hammer signaling a downtrend.
Levels to watch for possible buying are 1.165-1.175 where the pound can bounce creating an inverted head and shoulders that could push prices towards 1.26 and 1.30.
It would be best to trade based on a move already created but for the more experienced consider a short from here with take profit in the 1.175-1.165 area could be a good opportunity.
Thank you all for the support!
Visit our website for mentorship and other services.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a bit of a DOWNSIDE BIAS in the MARKET for USD. But after that GBPUSD can BUY until 1.2901 LEVEL. Before that, you can SELL at 1.1837 LEVEL. So go for GBPUSD LONG ENTRIES.
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT. gbpusd
Impulsive GBPUSDWith all the huge events that took place, GBPUSD threw a bit of a tantrum, the market was quite volatile and overflowing. CPI provided a huge candlestick to give us the higher high then slightly dropped and made a retest to the higher high to give us a double top. FOMC happened and abruptly made this huge fall that formed a long wick. The market started to give us this nice long drop, now we’re at demand zones and USD is sharply gaining, if price doesn’t respect this zone then we are sure to go aggressively upward after triggering 1.21187 demand zone…
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week.
- The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL until 1.1910 LEVEL. Then you can BUY at 1.2901 LEVEL. So go for GBPUSD LONG ENTRIES.
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
BEAR MAY TAKE CONTROL FOR WHILE ON GBPUSD (11 DEC 2022)Educational Analysis says GBPUSD may go SHORT. According to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why SHORT?
On the 1HR timeframe, the pair is about to reach on supply zone.
After that, it may go down to 1.19212.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
HOW TO TAKE ENTRY ON THIS?
I would suggest that if the price reaches the supply zone, I would put a sell limit order with a 46.7 risk-reward ratio.
As the price would move down I would post a comment on new trade entries with a good risk-reward ratio.
SELL LIMIT ENTRY:- 1.23366
STOP LOSS:- 1.23455
TAKE PROFIT:- 1.19212
RISK-REWARD RATIO IS 46.7.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week.
- The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL up to 1.2065 LEVEL. Then you can BUY at 1.2900 LEVEL. So go for GBPUSD LONG ENTRIES.
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT. gbpusd
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week.
- The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL until 1.1580 LEVEL. Then you can BUY at 1.2392 LEVEL. So go for GBPUSD LONG ENTRIES.
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
GBP/USD Short Sell And Long Buy....
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
20 REASON FOR BUY GBPUSD🤑TOP DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: structural Down
Monthly : structure extreamly bear but there are lot of weakness in monthly candle patterns last month is inside bar 😲insidebar😲 current forming 👎doji😲
weekly : a big Imbalance after it prices are going down and down 🥺
so the bigger picture is not clear and in bulls favor
1 Structure analysis time frame :DAILY Bullish ABCD
2 target time frame :DAILY
3 Current Move :IMPULSE
4 Entry Time Frame : H1
4.1 Entry TF Structure: BULL LOWER HIGH
4.2 entry move : IMPULSE
5 Support resistance base :H1 BULL ORDER BLOCK\
6 FIB: WAIT TILL TRIGGER EVENT
7 candle Pattern: WAIT REVERSAL
8 Chart Pattern: CIP CHANGE IN POLARITY
9 Volume : DRIED RIGHT NOW SO REVERSAL IS EXCEPTED
10 Momentum UNCONVENTIONAL Rsi: sUPER BULLISH ZONE NEED A RANGE SHIFT CONFIRMATION
11 Volatility measure Bollinger bands: VOLATILITY DIVERGENCE
12 strength ADX: SIDEWAYS
13 Sentiment ROC: BEARISH
14 final comment : LONG AT RETRACEMENT
15 : decision : BUY
16 Entry: 1.1260
17 Stop losel: 1.1140
18 Take profit: 1.2044
19 Risk to reward Ratio: 1:7🥰
Excepted Duration : 10🥰