Gbpusd_forecast
GBP USD MAY GO SHORT ACCORDING TO MY ANALYSIS. {6/6/2021}.Disclaimer:- Educational Analysis says GBP USD may go Short according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
Looking at the pair weekly is held up. And daily is down.
On 15 min time frame pair making a lower high and lower low. Which can touch to the daily support at 1.4012. And plus
in 15 min tf, i Saw a double top which is confirming the pair is heading downside.
On 1 hr time, frame pitchfork tool is applied on the 2nd top.
For extra confirmation just zoom in and see the last candle before the market closed on Friday has bearish engulfing.
The risk to reward ratio is 1:1.99.
GbpUsd in strong buy zoneLike all Usd pairs, also GbpUsd dropped yesterday.
At this moment the pair is trading at 1.4 which is great support.
A rally from this point is my preferred scenario
Gbp/Usd : Likely to break above the 1.4250 resistance/range topIt looks like the stop loss hunt has been done around 1.4035 which is also the 50 day exponential moving average support and the price got a strong rejection from that level . SSI is around 35% and there are high volatile economic numbers / Press conference on the calendar today. Hence we are expecting an upside break out above 1.4250 resistance heading to further higher levels coming days.
Trend : Up
Signal : Buy @ market price , Pending buy limit orders above 1.4030
Target : 1.4250 and 1.4470 in extension
Stop Loss/Parallel position : Slightly below 1.3950
GBPUSD-long#GBPUSD market is moving in the bullish channel when we see in D1 timeframe so it is following the bullish trend. At the same time when observing in the H4 timeframe, it is moving in a horizontal channel, and Doji is formed after a bearish impulse so there is a buying opportunity at least up to 50+ PIPS up to 1.41103 . After that market is going to show sell as it will revert after hitting strong weekly resistance.
GBPUSD-short#GBPUSD I expect the market to drop crazy to the downside. We are in a bearish structure and we should go down till the next important structure level.
Biden meet JohnsonHello trenders,
G7 went well for USD.
English tax payers got sold for the next few months, with (do it for your country) slogan.
I think someone need to pay 1 trillion dollar bill so good luck England.
Thank to Tradingview some more people knows what is happening.
Good luck.
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
GBP/USD STUCK IN A PRICE RANGEGBP/USD on a monthly timeframe is bullish but price has not yet broken the major lower high.
ON the weekly timeframe price is also bullish{ highs are been taken out}
ON the daily price is above the 200 moving average, which means the trend is also bullish.
the 4HR timeframe price is stuck in a box, ie it is currently ranging which signifies that the market makers are yet to decide which order flow they are going to move yet.
As an order flow trader, this current market is not good for entry because we may see a massive push to the upside or downside. where ever these big players decide to push the price, a break of this range/consolidation will give us our directional price to spot their footprints and look for entries to ride the trend with them.
If you love this free analysis on GBP/USD, leave us a like and comment your own thoughts about this pair
GbpUsd- I expect 1.45 soonFor two weeks now, GbpUsd is consolidating just near the recent high resistance.
The trend is bullish without any doubt and a break is imminent.
I'm strongly bullish on this pair and I will be so as long as 1.4 holds
Buy dips is my strategy
GBP/USD - RIDE THE WAVE (RE-FINED SUPPLY/DEMAND)Technical Overview: - GBP/USD
Check out our previous posted analysis
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
GBP/USD struggles to break the resistance,pullback possible!Hello traders, in my previous idea, I recommended selling GBPUSD
between 1.4195-1.4220 with SL above 1.4307 and initial TP at 1.3950.
(previous idea linked below). So, you might have earned 130+ pips profit
when GBP/USD dropped to 1.4080 last week.
Currently, the GBP/USD bulls have not been able to break the 1.4230 resistance.
So, a moderate pullback towards 1.39 is possible.
I recommend selling the rallies between 1.4165-1.4220 with SL above 1.4250
and TP at 1.3900.
GBPUSD - Volume DenseVolume is building around this dense area in the market.
The recent strong bearish breakout would have triggered some sellers into the market, leaving liquidity resting above.
We can expect a significant pullback into the previous demand level before any signs of a sell-off.
If the price approaches the demand level but fail to reject, sells will be invalidated.
GBPUSD Short Analysis Hey traders, here is the analysis for the GBPUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
GBPUSD trade ideaI gave a setup in my prev video for this pair, marked it red and ready. Then the US news came.
The US news moved the market today. ADP and Unemployment. Messed up my TA. However, there is a setup forming, and I'm happy to share it.
GBPUSD - Bearish Opportunities !Welcome to our Trade Setups - June 02th ( GBPUSD ) !
SELL GBPUSD
ENTRY LEVEL @ 1.41518
SL @ 1.42887
TP @ 1.36043
Max Risk: 1% - 3%!
Risk/Reward Ratio: 4
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Have a great week everyone!
Gbp/Usd : Eyeing 1.4400-1.14500 handle ( April 2018 High/Top)Speculative sentiment index is less than 20% for Gbp pairs , hence more upside movement is likely . Technically, Gbp/Usd aiming at testing the 2018 high around 1.4400 handle. A lot of Sell limit orders will get executed from that level since is the major resistance and top of the range since many years .
Trend : Up
Signal (pending) : Sell limit 1.4400-1.4550
Stop Loss : Manual above 1.14650
Target : 1.35xx ( Fib support)
GBPUSD Sell SignalGBPUSD SELL SIGNAL (1:4 RR)
💲Entry - 1.41360
❌SL - 1.41656 (30 pips)
💰TP - 1.40195 (116 pips)
🚫Risk only 1% of your account🚫
GBPUSD - Continuation Mark Up!Hello followers! I just wanted to share my continuation of GBPUSD with you all. Right now I am facing sideways movement! However, I was able to profit 200+ pips off of this move. If you have been following my predictions and entering at a time that is convenient for you, then you should have been profitable. Please view the chart for a visual analysis of my mark up.
