Get started

Gbpusdbuy

GU UPDATE: BULLISH REVERSAL SPOTTEDHello there, this is the GU update. If you recall that I told you that if in the daily timeframe the daily candle closes a bearish, then we could aim at selling the GU for the rest days of this week. But now, as I have discovered a new move in the GU market, I saw a strong bullish engulfing candle just formed now in the H1 timeframe. which shows that a reversal bullish reversal is coming. Now I think we can change our bias to bullishness now. This means we need to start looking for buying in the small timeframes. Switch now from a seller to a buyer. Entry: Market; First TP:1.1535; Second TP: 1.1611; Stop Lose:1.1431 Happy trading!
Long
by OraclePips
2
GBPUSD Analysis Long Buy at Swing TradeGBPUSDLong Buy at Market swing Trade 5r minimum target on GBPUSD We struggled to get this GBP USD Buy idea posted sooner on this platform (Mobile issues we are away from desk now until Monday) However the Risk Reward ratio on this trade favours still posting now even 18 pips later than our own actual entry at 1.15770 Please don't forget to like our ideas if you find them useful and also subscribe to our channels for our latest trade ideas ------------------------------------------------------------------------------------------------------------------------------------------------------------- If this trade remains onside coming into market close we will Hold the position over the weekend as a swing trade ------------------------------------------------------------------------------------------------------------------------------------------------------------- This just goes to show our followers that you DO NOT need the absolute low of any market to be a BUYER and create a very LOW RISK high REWARD trade. You DO NOT need to squeeze every pip/tick out of the market either to have a successful trading career. Take you trade - Let it play out WIN LOOSE or DRAW & move on to the next opportunity. Enjoy your day & keep Seeking Pips We will continue to share our trade and chart ideas on this FREE platform if we see the interaction from the community, so PLEASE SUBSCRIBE TO SEEKINGPIPS HERE ON THIS PLATFORM.
Long
by seekingpips
1
Will the pound recover after Truss’ resignation?The British pound is likely to see another few months of turmoil now that Prime Minister Liz Truss has resigned. During Truss’ reign, which latest a mere 45 days, the shortest tenure in UK prime ministerial history, the pound was rocked by her government’s plan to borrow billions of dollars to fund tax cuts. On the day of the release of the ‘mini-budget’ that contained the tax cut plan, the pound fell from ~$1.12000 to its weakest level ever, with speculation that it could hit and cross parity with the US dollar, a forex reality that had only been explored once in the past, in 1985, when the super-strength of the US dollar decimated the pound (along with every other currency). The pound did recover from this crisis as Truss and her government began to backtrack on the planned tax cuts, with further support added to the GBP from an emergency intervention from the Bank of England that is a story for another day. As it stands, the GBP now has a few major events ahead of it that could kick up some volatility. The first is whether Boris Johnson, the Prime Minister that was succeeded by Truss, will contest for the leadership of the country's ruling party, and by extension the Prime Ministership. It is anyone's bet how the market will react to this possibility. The second is whether Rishi Sunak, the UK’s ex finance Minister who was beaten by Truss for the top position in September, will contest for the Prime Ministership. As a known face with a known agenda, Sunak contesting for the job could help provide some stability to currency markets. Sunak had earlier dismissed Truss’ tax cut plans as fantasy economics in favour of a very gradual application of tax over a decade. The GBP/USD is currently priced at $1.1230, -2.3% down from its October peak, and any bias in any direction may emerge in the next few days as the leadership race heats up.
by BlackBull_Markets
GBPUSD Gonna Another HighGBPUSD will reclaim next higher liquidity targets, Perhaps 1.181xx. Technically GU created Bullish butterfly pattern in last week, It gonna fly as technical aspect. Regular Target Profit: 1.181xxx DISCLAIMER Remember, there is no place for luck in trading - only strategy! This analysis can change at anytime without any update and it is only for the purpose of assisting traders to make independent investments decisions. We are the only one person who is responsible for our physical, mental health, relationships, success, and money in our lives. So taking a trading or investment risk on the markets based on this idea. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this idea. Here i anticipated by price action, please do not consider investment advice, Because i'm not your official financial advisor. The author of this analysis does not accept liability for any loss or damage.
Long
by mahfuzazim_TA
GBPUSD BUY ZONE HUGE UPSIDE!!Looking for rejection for a double bottom around the buy zone. After catching the nice short move to current support all profit was closed out and was expecting a move up to continue the down trend pattern or possible reversal, its always risky going against the overall trend but as I explained the other day once we see the initial push up, if prices fails to break past the low point the next time its usually a good indication the price is going to make another swing. I want to see some strength soon from GBP and a break in the USD bulls so I'm definitely interested in taking a position if we can see further rejection from this zone.
Long
by jamison_fx
GBPUSD try to retest on 1.143GU not honoured 1.154xx to 1.164xx support; i anticipate GU gonna retest Covid 19 low 1.143xx. UK is Already in a Recession, and Inflation is Set to Hit 14%. The next Prime Minister of the UK comes to a head on Monday with the announcement expected around 12:30 GMT. The current frontrunner Liz Truss and her allies have made the BoE a political punching bag, dragging Governor Andrew Bailey’s handling of the aftermath of the pandemic into the limelight. Ms. Truss has been making waves in the election race as her plan for the BoE is seen as a threat to the Pound and UK Bonds. Truss’s thoughts on how to manage the Bank of England are adding to a mounting list of threats to the value of the pound and UK government bonds. The main concern stems from Truss’s rhetoric of potentially upending a three-decade-long focus on fighting inflation and telling policymakers to use tools that were discredited in the 1980s. Part of her solution includes a radical shake-up of how Covid debt is treated and a review of the BoE’s mandate. For now, markets aren’t pricing in any major changes for the BoE as GBPUSD weakness has more to do with sentiment around inflation and the strength of the US dollar. Should this come to pass however we could see a selloff in gilts and a selloff in sterling as well, with the prospect of parity to the US Dollar coming into play. DISCLAIMER Remember, there is no place for luck in trading - only strategy! This analysis can change at anytime without any update and it is only for the purpose of assisting traders to make independent investments decisions. We are the only one person who is responsible for our physical, mental health, relationships, success, and money in our lives. So taking a trading or investment risk on the markets based on this idea. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this idea. Here i anticipated by price action, please do not consider investment advice, Because i'm not your official financial advisor. The author of this analysis does not accept liability for any loss or damage.
Long
by mahfuzazim_TA
GBPUSD Gonna LongGU create a classical bullish butterfly pattern with Strong Bullish divergence. So, i anticipate GU 400pips long opportunity! GU Support Immediate Support : 1.153xx If not Honoured then GU gonna 1.144xx. And Surely GU long long from these Demand zone! Happy Trading with money management. DISCLAIMER Remember, there is no place for luck in trading - only strategy! This analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions. We are the only one person who is responsible for our physical, mental health, relationships, success, and money in our lives. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this idea. Here i anticipated as price action, do not constitute investment advice, Because i'm not your financial advisor. The author of this analysis does not accept liability for any loss or damage.
Long
by mahfuzazim_TA
😈 GBPUSD 👀 time to make money 😈 GBPUSD 👀 time to make money The lower border of the rising channel provides an opportunity to buy on the rebound ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in real trading in my account, my account has already reached Profitability: 1549.04%🙏!❤️ It's your turn! Be sure to leave a comment and let us know how you see this opportunity and prediction.
Long
by QuantumLabSignals