GBPUSD Trading Plan - 24/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect GBPUSD to go Up from these levels.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Gbpusdforecast
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23216
TP: 1.22209
SL: 1.23875
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and obstruction levels.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color (Long Term)
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are stop ;osses or levels that were respected from the past.
Good luck everyone, stay safe!
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GBPUSD | Perspective for the new week | Follow-upDespite a choppy situation for the GBPUSD where price action was caught with a range at 1.22500 and 1.21000, the Pound Sterling rose by 0.1% to close the week at 1.22250, and this is likely as a result of the data released earlier on Friday. At this point, I am of the opinion that the data from the macroeconomic events (Claimant Count Change & ILO Unemployment Rate) coming up in the week will have a significant impact on price movement. In this video, we reviewed the charts from a technical standpoint and decided to use the channel (1.22500 and 1.21000) as a yardstick for trading opportunities.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23505
TP: 1.22859
SL: 1.24005
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23404
TP: 1.23896
SL: 1.22883
Bias: Long
Current cost design is in a tight reach and the hope of the directional moves is fair. As we see the motions of cost from help to obstruction and protection from help is progressively drawn towards more tight ranges which might imply disinterest from the imminent financial backers interests.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23578
TP: 1.24716
SL: 1.22681
Bias: Long
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a bit of a DOWNSIDE BIAS in the MARKET for USD. But after that GBPUSD can BUY until 1.2900 LEVEL. Before that, you can SELL at 1.2148 LEVEL. So go for GBPUSD LONG ENTRIES.
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22144
TP: 1.21211
SL: 1.22788
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most generally exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22285
TP: 1.23210
SL: 1.21673
Bias: Long
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
20 Reasons for buy GBPUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: bearish trape at yearly time frame at 38 years support level with a long wick
2 📆Monthly: Multi-month a strong downtrend with a lot of momentum, and currently, the market is in a corrective phase and also has some open area for upside continuation
3 📅Weekly: with a panic bottom break, previous resistance also retested the 38 fib level last week, indicating another strong upside move. Weekly structures also change in character
4 🕛Daily: Daily, a clean uptrend about to start their 3rd impulse move so that we can have an edge ride with it but with proper Risk to reward a 50% chance to win
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bullish
6: 2 Pattern Candle Chart: rounding and a classic flag pattern
7: 3 Volume: high volume at every bullish candle, so bulls are in full control this time in the market
8: 4 Momentum UNCONVENTIONAL Rsi: Momentum is sideways, yet as the previous momentum is bullish
9: 5 Volatility measure Bollinger bands: middle band support also in the bullish phase
10: 6 Strength ADX: total sideways
11: 7 Sentiment ROC: GBP beats USD since 2 month
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: right corrective
14: Support resistance base: previous wick order block
15: FIB: wait, yet
☑️ final comments: we can buy
16: 💡decision: Buy
17: 🚀Entry: 1.2180
18: ✋Stop losel: 1.2085
19: 🎯Take profit: 1.2837
20: 😊 Risk to reward Ratio: 1:7
🕛 Excepted Duration: 1 month
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21620
TP: 1.20706
SL: 1.22233
Bias: Short
Current progression of value elements is reminiscent of a non-directional reach bound exchanges. The hopefulness for a moving circumstance or the happiness of energy and instability both are missing. We are projecting our exchange set ups in light of late development penchant.
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD is preparing for a rise!Currency Pair : GBPUSD
Possible direction : Bullish
Technical Analysis : Price has formed a bull flag after strong impulse to the upside. Currently after grabbing liquidity from support price is preparing to breakout from the bull flag. Upon breakout of the bull flag, on the retest of the previous resistance as support. A bullish trade is high probable.
Possible trade recommendation : Bullish as per chart sketch
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GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21260
TP: 1.20413
SL: 1.22013
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged cash matches on the planet. Follow the live GBP/USD rate with the diagram and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD estimate and key turn focuses information and backing and opposition levels.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.21744
TP: 1.22775
SL: 1.20512
Bias: Short
The exchanging elements of the image that we are managing shows a positive catalyst for our projected heading. Taking into account the instability of the ongoing business sector ,we can follow our projected inclination.