Like the recent analysis, we continue with the buy signal on the above currency. Since the gbpusd stopped at the support line at 1.20 the price goes back to recover and break every barrier on the way. If we learn from the other times, any recovery of the gbpusd after the above support seems to have been powerful. Target: 1.2720
In this video, you will learn where is better open buy entry with low risk. Potential profit in 5 times bigger.
Strong support in 1.2019 that brings in a lot of buyers. A bullish trend for several days. The increases come after a hammer-shaped candle that indicates a trend change. If we learn from the history of the gbpusd encounter with the above support line the direction is very clear. Target: 1.2570
Downward trend. Serious support in 1.2019 with a strong possibility for increases in the above area The gbpusd stopped just in support and confirmed it with some positive candles. Direction: Long Target: 1.2280
Although there is still a huge uncertainty about the Brexit, an opportunity has been created for technical analysis. The Stochastic has reached the lowest possible level that usually points to Oversold. The gbpusd came to serious support that could change the downward trend. Target: 1.25 In case the gbpusd dropped below the above support this signal is canceled.
All signs reinforce the sell signal: 1. The red Ichimoku cloud + the red line above the blue line. 2. The gbpusd below the 100,200 Moving average lines. 3. The gbpusd will look for support to possibly return to the upside and support is at 1.2470. Target: 1.2470.
Failed in an attempt to break the average moving line 200. The GBPUSD currently supports 1.2635 of the Senkou pan B. line. The GBPUSD in the daily, weekly, and monthly charts are still in a downward trend. More serious support is at 1.2470 Target: 1.2480
Last week we already published a sales signal about the gbpusd and today we will continue and strengthen the signal Our target is based on very gentle support that gbpusd can easily break through, and after this support, we do not see a target insight that is, the potential for large declines. Sell GBPUSD Stop loss: 1.2770 Take profit: 1.2130
GBP Pairs have been on bearish for the past two weeks, due to political pressure and BRXT, buying them is too risky now. Trade it with care and with manageable lot size. Good Luck and happy trading!!
I set a pending order to open buy near key level 1.2643 - Price bounced from buy zone
GBP/USD Long Idea (5/8/19) Daily Chart - Price just rejected off of the short term 61.8% fib level and the long term 38.20% fib level. Price had a hard rejection of on the 1.30000 Monthly Supp Level. - Looking for price to continue up to the Micro level at 1.32500 which is near the -27.00% fib level. (4HR Markup Linked Below)
Buy Price bounced from the key level 1.2987
GBP/USD is trading below the 50, 100, and 200 Simple Moving Averages on the four-hour chart and Momentum remains to the downside. Moreover, the Relative Strength Index recaptured the 30 levels, exiting oversold conditions. The graphs show a clear bias to the downside Initial support awaits at 1.2865, the fresh two-month low. Further down, 1.2830 was a support line...
We had a nice short opportunity present off a FRESH supply created a few weeks ago on the GBPUSD. As we all know, GBPUSD has been a complete mess over the weeks.. We do have a demand near lows but we have touched this point in the market too many times and the bulls keep getting weaker. I believe we ARE going to see the bears come to town and eat up this...
Looking to test the higher levels. Close below the stop will invalidate the trade
I think this is a buy at the moment in this retracement period before another sell off begins. DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk