Gbpusdbuy
GBP/USD | Potential Upward Movement 🚀 Technical Analysis:
The price is trading inside an expanding wedge where we can see that the price posted a correction count. Now the price is trading near the 50% Fibonacci retracement, and we have a big engulfing candlestick signaling the end of the correction and time to rally again.
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Trade Idea:
Buy Market Order @ 1.4173
Take Profit @ 1.4243
Stop Loss @ 1.4140
Trade Safely 🙂
GBPUSDtaking into account the fact that USD is currently weak and that the pair still has momentum, it is still on the rise .... I think that GBPUSD can go up then we check to see if the price rejects.
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*This information is not a Financial Advice.
GBP/USD Running In 100 Pips Profits And The Next Analysis 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
GBP/USD New Long Setup And Free 200 Pips In This Video !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
GBPUSD, 4hr tf, 4R buy setup
I think we're going to see GBPUSD continue rise towards 1.4040.
Price right now on the process of wave-V but this movement could be break down into smaller waves.
This might be confusing for some people.
Too make it short, i will buy this pair with only small stop loss. This setup offering a nice 4R setup.
Buy GBPUSD 1.3940
Stop loss 1.3915
Take profit 1.4040 (4R)
Use only 1-2% risk
Good luck
GbpUsd- Preparing to break 1.4?In the past few days, 1.3850 provided strong support for GbpUsd and buyers came into the market each time the pair reached that zone.
At this point cable is trading under 1.4 important resistance and a break above is more and more probable.
Bulls can have 1.4250 in sight, but, considering Gbp's volatility I wouldn't be surprised if 1.45 is reached in the medium term if 1.4 is confirmed as a break