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Gbpusdbuy

GBP/USD Correction Offers Another Long OpportunityThe GBP is correcting across most pairs, this offers the chance to add long positions or enter longs if not already in them. I marked out 1.37948 on this previously as a possible area of resistance and it has pulled back just short of here. I have marked out the lower trendline as the area to look to add long positions. I expect the downward move to slow down now so I do not think it will drop further than the previous low of 1.35200 (marked by orange dot), but we need to wait for confirmation before entering more longs. My TP has not changed from the previous idea - 1.40
Long
by olly48
GBP/USD BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is mean to be a preparation for you! as always we will have to wait for a confirmation! GBP/USD: Daytrade-Preparation Market-Buy: 1,36590 Stop-Loss: 1,36270 Point Of Risk-Reduction: 1,36850 Take-Profit: 1,37300 Stop-Loss: 32 pips Risk: 0,5% - 1% Risk-Reward: 2,20 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me!
Long
by Trading2ez
7
GBPUSD - SWING - 18. JANU. 2021Welcome to our weekly trade setup ( GBPUSD )! - 1 HOUR Bearish price action from previous highs. 4 HOUR Broke above main sr level, expecting more upside! DAILY Overall sideways waving market structure. - FOREX SWING BUY GBPUSD ENTRY LEVEL @ 1.35520 SL @ 1.34650 TP @ 1.36810 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
79
GBPUSD Break and retest was expected around .618 FibonacciGBPUSD ********* ⏳1 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Negative USD-Positive brexit talks will boost this pair upwards 2️⃣ GBPUSD Has break the downward channel 3️⃣ 1.37000 acting as strong resistance level 4️⃣ 1.37000 Major upper side resistance Key reversal area 5️⃣ 1.36100 acting as key support .618 Fibonacci 6️⃣ 02 nd Sub micro Elliot wave is formed 7️⃣ Technical support - Bull 8️⃣1.37700 will acted as key reversal-bearish 9️⃣ Series of HH HL HH HL patterns 🔟 Possible swing target-1.37700 (1.217 Fibonacci) #️⃣ Overall bullish trend (Brexit optimism) —————-❇️——————- 📉 Technical bias-H4-Bullish Price is above 50,100,200 Exponential moving average 50 Exponential moving average will act as support-Bull Ichimoku cloud -cloud is still green-Cloud support(Bull) Bollinger band- Price reached around lower band and short term pullback was expected Relative strength index - Reached around 40-Medium term bearish correction was expected MACD -Turned red and fell below the signal line ,oscillators about to cross soon Stochastic - Reached around 40- Oscillators are pointing upward —————-✳️——————- Key reversal area's 1.36000 psychological level 1.37000 January high 1.37500 Key reversal area/psychological level 1.360950 61.8% Fibonacci retracement level 1.35770 50% Fibonacci retracement level 1.35400 series of support level 1.35400 Price action level/Possible entry- Bull 1.37700 1.217 Fibonacci/Alternative bearish entry —————-✳️——————- Bullish entry #pound #gbpusd Entry price - 1.36100 Take profit 01 - 1.37000 Take profit 02 - 1.37700 🚫 Stop lose 1.35830 ⬆️ 1.19% Growth expected ⤴️ Account growth 0.19: 1.19 ✅ Risk reward ratio 1 : 6.2 —————-⚜️——————- Push the like button , And cheer up if you found useful
Long
by forexorbit
1
GBPUSD - SWING - 12. JANU. 2021Welcome to our weekly trade setup ( GBPUSD )! - 1 HOUR Very bullish price action and pressure. 4 HOUR Closure above main sr level, expecting more upside now. DAILY Overall bullish waving market structure, good long entries! - FOREX SWING BUY GBPUSD ENTRY LEVEL @ 1.35970 SL @ 1.35420 TP @ 1.36840 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
57
GBPUSD - SWING - 22. DECE. 2020Welcome to our weekly trade setup ( GBPUSD )! - 1 HOUR Very bullish price action.. 4 HOUR Closed above main sr level. DAILY Overall bullish market about to rush towards previous highs! - FOREX SWING BUY GBPUSD ENTRY LEVEL @ 1.34200 SL @ 1.32980 TP @ 1.35850 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
14
GbpUsd- to break or not to break?I've been bullish GbpUsd since it broke above 1.3 and I said that it can rise towards 1.35 Now the pair is trading at 1.34 or so and we may wonder if it will turn or break above? Looking at price action in the past days Gbp seems very well bid and I believe a break up would occur for this pair. Also looking at DXY weakness and the fact that FTSE can break resistance is probable that would be the case for GbpUsd also Fron the technical point of view 1.3250 zone is support now and dips towards this zone should be bought for a swing trade and this anticipated break
Long
by Mihai_Iacob
1