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Gbpusd_forecast

GBPUSD SELLLooking to short gbpusd long term. We have reached a key level of 1.36 and rejected it. From wave analysis we can see that we have created relatively equal impulses and retracements so I'd like to see another impulsive move down from the current level. Note the stop loss i have shown here is very aggressive so take that into consideration if you take this trade. DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose and this type of speculative trading can result in loss and/or profits.
Short
by Turtlesoup_Maestro
5
GBPUSD: Ready to Buy 🚀After successfully completing our sales this morning (View Below) we are now looking to buy from the key levels of interest. Although we are trading within demand, imbalances remain below. I have illustrated what I would like to see depending on what level rejects. Always locate a level and refine it on the lower timeframes before you proceed with a trade. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
by AlkalineFX
24
GBPUSD: Supply Holding 😜Today is a Bank holiday virtually everywhere, so expect low volume in the markets. I am open to the possibility of a trade today but spreads must be suitable. No real high-impact news but be mindful of the US Manufacturing PMI at 14:45 GMT. Market sentiment shows that buyers have slowly started to close out and sellers have increased. However, the sentiment still currently remains at 56% net long and 44% short. If this supply level holds, sellers may take price all the way down into demand. Do you think it will? 🎯 Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
11
GBPUSD - Ready for the Day Good morning Alkalites! Hopefully, you all had a great Christmas with your families, it is now time to get back to work! I have put together some analysis for GBPUSD today, although the banks remain closed in the United Kingdom, this setup is ideal. Equal lows have been created at the Asian low just above the demand, leaving a liquidity gap open for purging. The major 15m imbalance has been tackled already so I wouldn't expect the price to push past the demand box marked. We have sellers who remain trapped in the bearish candle marked, which usually means the price will be pushed back to the zone so losers can get out of their negative positions. We also have some bullish imbalance from the explosive move on the footprint, these levels are marked as 21x0 and 25x0. I have illustrated what I would like to see today, volume is extremely light but fingers crossed we can make something work. Good luck trading! Are we all ready for the new year?
Long
by AlkalineFX
4
GBPUSD LONG WITH 3 CONFLUCENCES Listed confluences: 1: Trendline Breakout 2: Inverse Head and Shoulder Pattern 3: Key Level Summary: GBPUSD has been selling off for serval day now. We are waiting for the breakout of the key level at 1.3277** on the Daily Chart as confirmation of the trade. Trade has a potential RR OF 4.43 to 1. We will be entering and holding this trade until around the end of the month, or until target is reached, which ever comes first. If we get stopped out we will only look at the pair next month for any new trade setups.
Long
by NDOBObanks
GBPUSD , We are in important support and ...Hello everybody According to the chart you can see we are in amazing place of support zone that is heavy support from the past until now We predict that we are going to complete trignale like our shown on chart and after that we can be ready to go up and reach to the target But we should take signal at first then take in position but we shown all the buy zone and stop loss on chart for set and forget trader and we think in buy zone area maybe we have some stop huntering position and after that we are ready to go up and reach to the target But guys becareful because the trend is downward and we wanna take position against of the trend If you have any question ask us guys , send us messages in private Good Luck Abtin
Long
by Abtin00