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Gbpusdbuy

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
GBPUSD Is trading within rising channel 1.34000 Key level aheadGBPUSD ********* ⏳1 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Negative USD-Positive brexit talks will boost this pair upwards 2️⃣GBPUSD was trading within broad rising channel 3️⃣ 1.32500 50% Fibonacci Acting as Dynamic support and resistance 4️⃣ 1.34000 Major upper side resistance Key reversal area 5️⃣ 1.33100 acting as key support and resistance level 6️⃣ 1.33150 78.6% Recent support level for Bull 7️⃣ Technical support - Bull 8️⃣1.34000 will acted as key reversal-bearish 9️⃣ Series of HH HL HH HL patterns 🔟 Possible swing target-1.34500 Upper side trendline resistance #️⃣ Overall bullish trend-Within Broad rising channel pattern —————-❇️——————- 📉 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-About to turn red Cloud support(Bull) Bollinger band- Price reached around middle band is about to break out soon Relative strength index - Reached around 50 neutral area 50- Will act as support for bullish trend MACD -Turned red and fell below the signal line ,oscillators about to cross soon Stochastic - Reached around 60- Oscillators are converging —————-✳️——————- Key reversal area's 1.33000 psychological level 1.33800 Today high 1.34000 Key reversal area/psychological level 1.33350 78.6% Fibonacci retracement level 1.32860 61.8% Fibonacci retracement level 1.32510 50% Fibonacci retracement level 1.32000 Major psychological level 1.33100 Price action level/Possible entry- Bull 1.34500 Trendline resistance/Alternative bearish entry —————-✳️——————- Bullish entry #pound #gbpusd Entry price - 1.33200 Take profit 01 - 1.33800 (60 PIPS) Take profit 02 - 1.34500 130 PIPS) 🚫 Stop lose 1.32800 (40 PIPS) ⬆️ 1% Growth expected ⤴️ Account growth .30: .98 ✅ Risk reward ratio 1 : 3 —————-⚜️——————- Push the like button , And cheer up if you found useful
Long
by forexorbit
GBPUSD - SWING - 16. NOVE. 2020Welcome to our weekly trade setup ( GBPUSD )! - 1 HOUR Bullish market structure.. 4 HOUR Expecting further upside movement.. DAILY Great long entries prices broke above main sr level. - FOREX SWING BUY GBPUSD ENTRY LEVEL @ 1.31850 SL @ 1.31170 TP @ 1.32890 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
51
GBPUSD still on growing ||bullish MovesHere in GBPUSD, We have some bullish pattern. It can carry on strengthening from that area OR once more it fall down to test the support area & then back on strengthening again. I've mention none sell level as it isn't seem to go on falling. I HOPE YOU LIKE THIS IDEA FOR GBPUSD. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer