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Gbpusd_forecast

GBPUSD , Do the channel can support the price again ??Hello guys I hope that anyone take profit from the market until today In here we have a amazing descipline chart , the price is moving in upward channel and have reaction the the up or down of the channel The price is near the trendline below of the channel and we expect like past , that can support the price to rise But we need at first to take signal and see the powerful of the price then we can buy and take position Dont forget use stop loss and attention to money management Good Luck Abtin
Long
by Abtin00
GBP/USD hold, The buyers will help to get out of it.The quantity of US retail commerce, which grew in July, has turned out to be a lot worse than the forecasts of economists. This issue prompted the pound to develop which then allowed the bulls to grab the initiative once more, however it's nonetheless very early to speak in regards to the resumption of the bull market. Firstly of the week, patrons of the pound ought to attempt to keep away from a breakout of the 1.3081 help, slightly below which the decrease border of the present upward channel passes. A false breakout forming there would be the first sign to open lengthy positions in anticipation of development in direction of the excessive of 1.3139, the place I like to recommend taking earnings in the present day. The 1.3181 resistance continues to be the long-term aim, however with the intention to attain it, patrons must be extra aggressive, and this requires good basic information. If there isn't a demand for the pound within the help space of 1.3081, it's best to postpone new lengthy positions till the decrease border of the present aspect channel is up to date within the 1.3007 space in anticipation of a correction of 30-40 factors throughout the day. To open quick positions on GBP/USD, you want: Sellers want to interrupt under the help of 1.3081, consolidating under this degree will probably be a very good sign to open quick positions within the hope of knocking down the pair to a low of 1.3007. A break within the help of 1.3081 will even result in a break within the decrease border of the present upward channel, which patrons of the pound have been attempting to type because of the center of Friday final week. The bears nonetheless think about the low of 1.2916 because the long-term aim, the place I like to recommend taking earnings. In case the pair recovers within the first half of the day, it's best to not rush with gross sales, and watch for the take a look at of a giant resistance of 1.3139, however you may open quick positions from there provided that a false breakout is fashioned. I like to recommend promoting the pair instantly for a rebound solely after updating the resistance of 1.3181 in anticipation of a correction of 30-40 factors.
by forexinworld
GBPUSD Dual-Direction IdeaAs price plays around the 1.36000 level. There are 2 possibilities based on the strength of the USD As of the current moment, the DXY broke above the highlighted level of 94.000 and is currently trending higher showing strength in the USD amid the ADP Non-Farm Employment Change later today. Buy on the retest of: Trendline Level 1.36000 Minor Order Block Weak USD Report ~ With bullish candlestick and patterns Sell on the break and retest of : Trendline Level 1.36000 Minor Order Block Strong USD Report ~ With bearish candlestick and patterns
by NoahXBorg
GBPUSD Idea for the weekPrice has recently tested the long term bearish trendline and has also tested the 61.8% Fib level. I will be looking to go short on a combination of 3 or more of these confluences: Break and retest of level 1.36000 Break and retest of Bullish Push Line Bearish Structure Bearish Candlestick Pattern Moving Average Crossover Strength on the DXY If price fails to go lower and breaks + retested long-term trendline, it could be retracing towards this previous high Previous Analysis on GBPUSD
by NoahXBorg
GBPUSD October OutlookOn the large scale, The overall Trend is still Bearish. However I do expect the strength of USD to drop for a few days to fill in the imbalance of the previous bull run on the DXY; Thus, I will expecting a retracement towards the area around level 1.36000: Confluences at level 1.36000: Previous Flip Zone (Red) Fib Golden Zone (50%-61.8%) (Gold) Test of long-term bearish trendline Level 1.36000 Entry Criteria (Best with 3 or more confirmation): Break and retest of counter-trendline (Red) Retest of golden zone (Gold) Retest of Flip Zone (Red) Retest of Level 1.36000 Bearish Structure Bearish candlesticks Moving Average Crossover DXY shows strength on a retest of support
Short
by NoahXBorg
Analysis Of GBPUSD H4. Price Action *It's Zone to Zone Marking*According to Multiple Analyses, We Can See That the Market has a Bullish Direction as Well as the market has very strong support. So on behalf of this, we have a Some Key level For Tread & Education purpose. Entry @1.37001 Target1 @1.37839 Target2 @1.38488 Stop loss @1.36383 I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard Shivamfx technical guru
by shivamfx
GBPUSD: Buys Are Here - Load UpI have a strong bullish outlook on this pair today. I would like to see the range we are currently in manipulated before we bounce from a previous order block below it. If we see strong rejections at the order block, we could load up some longs to take out some of the liquidity from sellers. Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips!
Long
by AlkalineFX
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