Gbpusdforecast
GOLD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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: 1.30415
TP: 1.28392
SL: 1.31968
Bias: Short
For this instrument our major bias is bearish as we see it always pairs with the strength of dollar. So is the case now,it has to fight the strength of the dollar for several upcoming weeks and therefore we are bearish long term for this pair.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30504
TP: 1.28532
SL: 1.31862
Bias: Short
GBPUSD is going down as the dollar is getting stronger . There is an expectation that the traders will be able to benefit shorting the currency as it cannot stand against dollar as much as it should be able to resist. That is a big fundamental factor for a short opportunity.
GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 : Current Situation & Technical , Fundamental View
TREASURY SEC YELLEN is set to make a SPEECH for USD today. Also, today is the most important day for the FOMC MEETING. It is a very HIGH VOLATILE EVENT and we look forward to the decisions that are made there. Today is not an important day for GBP. But CONSTRUCTION PMI DATA is due to be released today for GBP. It's the LOW IMPACT NEWS. But there is some significance.
- DXY is currently at 99.74 LEVEL. Also the GBP FEATURE stays at 1.3056 LEVEL. GBPUSD PRICE is slightly lower than DYNAMIC S / R LEVELS. Maybe DYNAMIC S / R LEVELS can be UP before moving further. Then most of the time the PRICE can be sold in the form of STRUCTURE.
- Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit red. VIX is getting a bit UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. But because of VIX UP, EQUITIES DOWN, COMMODITIES DOWN the MARKET RISK is OFF.
- GBPUSD PRICE can be UP to 1.3162 LEVEL before DOWN. Then you can DOWN to 1.2905 LEVEL. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. FOMC MEETING is taking place today. Watch out for any changes.
GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.31341
TP: 1.33786
SL: 1.29649
Bias: Long
The obvious price story that is visible in the chart is not something usual. The volatility is significantly low . By considering the ascending price actions over the past few weeks we are planning a long trade.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.31421
TP: 1.34019
SL: 1.29648
Bias: Long
The trend is bullish for GBPUSD bit not very strong. To revert to the level of resistance the current price level is showing a positive tendency. As we see the price level is tilting upward and ultimately it will reach to the level of resistance. And that is why we can go bullish.
GBPUSD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 LONG - Buy Entry - H4 ChartGBPUSD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: GBPUSD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Pivot Point Yearly @ 1.3644
Resistance @ 1.35325
Resistance @ 1.33443
Resistance @ 1.32532
Support @ 1.30889
Support @ 1.31198
Support @ 1.31654
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GBPUSD SHORTS 📉📉📉📉 Expecting bearish price action on GU as we are in a bearish market structure on a HTF and lower timeframe, price retraced back into 1.32000 . We have a lot of bullish imbalances should be filled
The retail heard is LONG on this pair, meaning we should go for SHORT entry.
What do you think ? Comment below..
GBPUSD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.