Gbpusdbuy
GbpUsd remains bullish- 1.35 is my targetGbpUsd, like all Usd pairs, corrected the recent leg up and is ready to resume its upward movement.
The pair is trading above important 1.3000-1.3050 very important support (line in the sand for bulls) and created a new support on 1.31.
I expect up a continuation for this pair and a new challenge of 1.35 resistance in the medium term.
Buy dips is my strategy
GbpUsd- strong buy between 1.3050 and 1.3080 The long-term trend for GbpUsd is clearly up and after correcting from 1.35 local top, the pair flirted with 1.3 for quite some time.
I think cable finally broke above and, considering its way of moving, we can see 1.35 top challenged soon
A good place for bulls to enter this move is around 1.3050 and slightly above and, also, such a trade could have a 1:4 R:R
GbpUsd- upside potentialLast week, GbpUsd broke violently above 1.3 resistance and accelerated to 1.3180 top.
Now the pair corrected and confirmed 1.3 as new support and looks ready to resume its up move.
Buy dips close above 1.3 is my strategy for this pair.
A daily close under 1.3 negates this scenario and calls for a reconsideration
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.
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P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
GBPUSD potential setupWe had significant breakout on the GBP, now is trending down a narrow channel. Monitor this trend, look for breaking out this range, but careful of any false breakout either up or down. I think if we move below 1.296 suspect will back down significantly. I though am hoping that can go long this one once we see significant movement north.
Strong Buy on GBPUSDHello,
GBPUSD is set for a Buy. On the daily timeframe, a bullish inverted head & shoulders pattern is being formed. Current price has broken the neckline of the pattern, retested it and is moving bullish. I set my Tp at 1.33840 because that's the highest point price has been recently.
GbpUsd- strongly bided under 1.29The cable is trading in a range for 2 weeks now, with clear support under 1.29 where buyers are very strong.
If USD weakness will continue I expect GBP to be the main beneficiary and the pair could retest 1.35 zone pretty quickly
Buy dips can be a good strategy for this pair
Buy GBP/USDHello everybody and welcome to my analysis 👋🏻👋🏻
On the daily chart we can see a reversed head and shoulders pattern.
The price broke the neckline and I personally opened a long position on GBP/USD.
This is only my opinion. Make your own analysis before investing and always use SL and tp.
Leave a comment if you agree 👇
GBP/USD LONG IDEA #DAYTRADEHey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
GBP/USD: Daytrade-Preparation
Notice: LOW risk please as POUND can be very shaky due to brexit-talks!
Market-Buy: 1,29605
Stop-Loss: 1,29270
Target 1: 1,29955
Target 2: 1,30130
Target 3: 1,30345
Stop-Loss: 34 pips
Risk: 0,5% - 1%
Risk-Reward: 2,15
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Peace and good trades
Irasor
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