Gbpusdbuy
GBPUSD break or bounce? BUY IDEA!Will be waiting and watching GBPUSD around current area to see if we get a third rejection off this support to possibly make at least another retracement. 1.14500 is the strong support to watch for a possibly bounce, if we see price push up ill be targeting the retracement area of 1.16000.
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.
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.
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.
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.
😈 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
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Tue 19th Jul 2022 GBP/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Buy. Enjoy the day all. Cheers. Jim
GBP/USD Finally Closed Above C.T.L , Time To Buy ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Outlook on GBPUSD: Bullish play seen On the M30 time frame, prices are approaching the support zone at 1.18700, in line with the 61.8% Fibonacci retracement, graphical support and 61.8% Fibonacci extension. We could see a bounce above this demand zone to our next resistance target at 1.19300 which coincides with the 50% Fibonacci retracement. A break above this level would provide the bullish acceleration to our next resistance target at 1.19800, in line with the graphical support turned resistance level. Stochastic is approaching support as well where we could see further upside, in line with prices.
GBPUSD gonna longGU create strong bullish divergence! If price will not close below 1.183xx than GU will retest 1.204xx; so its 200 pips opportunity!
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.
For best result in trading follow these rules for best result!
1. WHAT IS THE OVERALL TREND? PRICE ACTION WILL GIVE YOU CLUE!
2. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
3. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
5. AND MUST CHECK THE DIVERGENCE.
My Journey GBPUSD for BUYHelloo...My Dragon Friends
my Sell Journey already Complete, and now i see butterfly harmonic pattern,
so i decide to BUY it
SL 1.1750
TP 1 at 1.1920, TP2 at 1.1950 and TP3 at 1.2000
BUY now at 1.1825
Lets See
Happy Trading
Smart Trading
Hunting Profit
Watch ur MM and RM
Disclaimer On