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Gbpusd_forecast

GBPUSDwait till it gt trigger .It is important to wait to get trade to get trigger. to get this right you be aware of the spread sizes of the your broker.after you are trigger it is important to manage the trades. One of the common mistakes traders do is leaving the the trades as it is . moving stop loss to break even then some percentage of profit base on structure level can help not to loose the trades. lets enjoy the ride the analysis is out from different time frames . pure technical analysis. news may effect on the trades
Long
by robinhoood
GBPUSDThe British pound rallied rather significantly on Tuesday to continue the massive move to the upside. That being said, the market is likely to continue seeing upward pressure on pullbacks, but longer term we are probably going to continue to see more of a focus on central bank policy. It should be noted that Friday features not only the Bank of England and interest rate decision, but it also features the jobs number coming out of the United States. With this being the case, it is likely that we will continue to see a lot of guessing as to where we go next. The 1.35 level causes a certain amount of interest, as it had been resistance previously. However, as we have seen this market close towards the top of the range for the session, it certainly looks as if we have a little bit of wherewithal by the bullish traders out there. The market will continue to hear a lot of noise here, because there is a lot of fear out there. Whether or not we can continue to hang on to this type of positivity is a different question altogether, but I do think that ultimately, we will have to make a bigger decision. The central bank decision on Friday is going to be a major driver as to where we go next, as the attitude of the central bank could work against the value of the British pound if they suddenly suggest that they are not going to be extraordinarily hawkish. They are expected to raise interest rates by 25 basis points, but a failure to do so could have the markets freaking out as well. A lot of what will happen is probably going to be based upon the idea of whether or not the Bank of England is ready to raise interest rates consecutively, or if they are going to become “data dependent.” To the downside, if we were to take out the candlestick from the trading session on Tuesday, that would be an extraordinarily bearish sign, and probably have British pound traders running for the hills. Having said that though, it certainly looks as if the market thinks that the Bank of England could surprise with hawkish behavior.
Long
by SmoothJB
GBP/USD Long Trade UpdateHey Guys! There was actually a new weekly short trade that formed this week, so the weekly bias remains long however, the target has changed to 1.3750. Moreover the Entry level at 1.3313 and the Stop loss at 1.3163 does not change. Furthermore, we got some waning of short term short strength with the Break Out of a downward 1H trendline and no immediate break back in. So for the time being, I'll still be watching for some short term short strength to kick back in. So I can get a pullback to the long entry point at 1.3313. Have a great day guys! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
1
GBPUSD, Further Crash or Ready to Take Off?Hi, Let's take a look at GBPUSD 1/2 Sterling Has broken and Retested Rising Wedge W & D candle closed above 1.34 strong support zone indicating no further Bearish momentum. However, FOMC interest rates make Dollar's recovery and we might be able to see some strong movements in upcoming months also. 2/2 After breakout, GU seems to be retesting inside Rising Wedge . GU retested at 1.34 but further decline is expected. If M candle closes above 1.34 zone then there's possibility of Bullish Momentum. Don't forget about OMIICRON'S manipulations. We might see some crashes same like COVID 19.
by wickywicks
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS) We have 1 Internal uptrend in green Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). Yellow Levels are levels from the past that were respected some are from my last publication. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham
GBPUSD HIT 0.34000 SUCCESSFULLYDay trading is one of the greatest aspect of trading, it gives so much peace of mind instead of scalping, this is knowledge is not free it comes with paying attention and having a coach, had 5 different coaches over the past years and i can say i am grateful i did not assume i can have all the knowledge by my self or gain anything worthwhile from watching free youtube videos.. Continuous practice has led me to bagging everyday with over 5 analysis used to breakdown every pair i come accross.. its been a great journey with GBPUSD for over years she has been good to me and my team.. Another position was dropped last week, and here is the result. we are currently approaching final target. another successful week smashed.. forever stuckinprofit.
Short
by stuckinprofit
GBP/USD Long Trade UpdateHey Guys! The mid-road long entry did not set up yesterday...So I'll still be waiting for a pullback to 1.3313 and perhaps even further with the stop loss at 1.3163 and the main target at 1.3833. Moreover, since the fake 1H double bottom confirmed short term short strength, I'll still be expecting a pullback to my long entry level at 1.3313. I explain some possible intraday long set ups that formed on this move up also in the video! Check it out! I'll Keep you Guys Updated! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
1
GBP/USD Long Entry UpdateHey Guys! I may be getting into the GBP/USD Long Trade early. I was going to wait for a full pullback to 1.3313 and perhaps even further with the stop loss at 1.3163 and the main target at 1.3833. However today, it is possible that short term long strength is kicking back in. Thus I may be getting in early. To explain: The 1H chart formed a fake double bottom. (I can't explain what fake price patterns are here. ) If price can reach the target height level at 1.3545 "before" reaching the 2nd bottom's pivot low stop loss level at 1.3436, this will signal short term long strength and a possible mid-road entry for the original weekly long setup. If price signals this short term long strength, I will enter at 1.3545 with a stop loss at 1.3436 and the main target still at 1.3833. Now, since this is a mid-road entry, I will be watching the lower time frames for any short term short strength to form(Trendline Break out recoveries/price pattern confirmations) in which if they do form, I will abort the long entry immediately. Moreover, one of the key levels I'll be watching if this long entry is confirmed is a 1h downward trendline. (A break out long of the trendline, then an immediate break back in = short term short strength) If short term short strength is confirmed, I will abort the long entry. Moreover, if this mid-road set up doesn't form, I will revert back to my original long entry set up. (Long entry if price pulls back to 1.3313 and perhaps even further with the stop loss at 1.3163 and the main target at 1.3833) That's it Guys! Lets see what happens! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
4
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). Yellow Levels are levels from my past ideas published that were respected. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham
2
GBPUSD Long Bias. Waiting for a Pullback for Long Entry.Hey Guys! The Bias for the GBP/USD on the Weekly chart (Medium Term Bias) is long. In other words, price is likely to reach 1.3833 before reaching 1.3163 I am willing to take a long entry if price pulls back to 1.3313 and perhaps even further with the stop loss at 1.3163 and the main target at 1.3833 As always, this is assuming the lower time frame price action retains its confirmation of long strength. Have a great day guys! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
2
GbpUsd- Best place to buyAs I argued in my previous analysis, GbpUsd is bullish both on the weekly time frame, with the price confirming and reversing from 1.32 support and on daily, with the pair breaking above the corrective flag that took 6 months to form. At this moment cable is in a slight correction, and this can be a good opportunity for bulls to open long positions in the direction of the overall trend. The best place for this is the confluence support zone around 1.36 and this scenario is negated if the price fails to stay above 1.35
Long
by Mihai_Iacob
23
GBPUSD SELLLooking to short gbpusd long term. We are playing into a daily orderblock now and I would like price to spike higher into the 50% of the candle from where we can anticipate a drop. 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. I would like price to drop down to 1.30000 as my swing target. This could take several weeks/months so please be patient when in this trade. Take partials and protect profits as market drops and when you're satisfied with profits. 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