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Gbpusdbuy

GBPUSD at DEMAND ZONE: Possible BIG BUYWe have seen a persistent weakness in GBPUSD for the last 2 months due to Brexit related jitters. I believe markets have priced in a NO DEAL scenario for Brexit which is why GBPUSD is now consolidating at the demand zone. That being said, any kind of positive development in UK politics will surely push the Pound higher versus its counterparts. GBPUSD is now at a STRONG DEMAND ZONE. In the previous occasion, GU has made a very strong recovery from this area. Yesterday's daily candle looks promising as well. If price doesn't break the 1.24500 area, Traders can look for BUYs between 1.2490-1.2550 area with SL below 1.2410. TPs can be set at 1.2750, 1.2930, 1.3080 and 1.3400 respectively. This is a long-term set-up of course. But even now, this set-up is relevant.
Long
by TraderAvDM
GBPUSD LOOKING GOOD FOR BUYERS We have seen this pair show some great bearish momentum. We can see price reached some support and moved bullish creating what we refer to in classical technical terms as an inverse head and shoulders pattern. Price pulled back 50% where i have plotted the grey line and from here we may see a continuation of the bullish move. Grey line - entry Red line - stop loss Green line - Take profit Hit that follow button for more analysis and education :)
Long
by Malika_Analysis
2
BRITISH POUND / U.S. DOLLAR to BUYGBP/USD is getting ready to go LONG. Market has been in a downtrend for about 2 weeks. A crucial support line has been hit in this drop. Wait for confirmation of trend change, then find your entry. Expecting a change in trend within the next week. Scalp/day/swing trade market to the upside. You pick your exit point. DISCLAIMER; Trading carries risks, ideas are for guideline purposes only. Do set stop losses when trading & be generous with how much room allowed for candle wicks. There is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, if curious about indicators I use then feel free to inquire. Example of how I find my entry;
Long
by Dani0