Gbpusdidea
GBPUSD potential long to 1.35GBPUSD has finally broken all its key levels. Now that the price is moving above 1.34, I think there is a momentum reversal to bullish. If you want to go long, it seems that this scenario has a pretty good risk and reward ratio. The current key level is 1.34 as support and 1.35 as resistance.
GBPUSD could channel up until 1.33 areaI just jumped into a long trade, based on the 1H chart, but overall I'm looking it all the way up to the weekly chart, because either way if we are going to fall further down or just going to form a second shoulder on the weekly, we could have a good chance for this to retrace all the way back up to 1.33 area.
Looking to a nice RR of 1:2 as always, but I might close half of it around 1.3275 area.
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 WITH 3 CONFLUCENCES Listed confluences:
1: Trendline Breakout
2: Inverse Head and Shoulder Pattern
3: Key Level
Summary: GBPUSD has been selling off for serval day now. We are waiting for the breakout of the key level at 1.3277** on the Daily Chart as confirmation of the trade. Trade has a potential RR OF 4.43 to 1.
We will be entering and holding this trade until around the end of the month, or until target is reached, which ever comes first. If we get stopped out we will only look at the pair next month for any new trade setups.
GbpUsd- 1.34 zone should be strong ceiling for the pairThe trend for GbpUsd is undoubtedly down, and since the 1.41 top in May, the pair has dropped around 1k pips.
At this moment the pair is in a relief rally, and this can give us the opportunity to join the trend.
In my opinion prices around 1.34 should be sold with a target in the recent's low zone
GBPUSD GONNA BULLISHRecent trend
Now GBP is trading in the area of record lows. Investors are in no hurry to open new positions ahead of meetings of the world's leading regulators. Today the US Fed will hold a meeting, and a block of statistics from the UK on the dynamics of consumer and production prices for November will be released. From the American regulator, market participants expect acceleration in the pace of reduction of the quantitative easing program, which should provide moderate support to the dollar.
In turn, the European Central Bank and the Bank of England will hold their meetings tomorrow. The British regulator probably will not change the parameters of monetary policy , although not long ago analysts were confident in the growth of the interest rate. However, much will depend on inflation statistics that will appear today.
In technical view, GU create hidden bullish divergence with cup with handle pattern in weekly and monthly view on the other hand GU create falling wages. So in technical view GU gonna long.
GBPUSD , Exactly movement to our analysisHello everybody
Did you got in buy position ?? Did you took this position ??
According to our last analysis that we shown on chart we shown on chart that the price is in one the most important support zone and we expect that the price support from here and can move upwards
If you forgot to take in buy position you can take buy position with half the volume , and wait until the target then risk free it
Previous analysis :
If you have question or want to buy educational package , send us messages in private
Good Luck
Abtin
GBPUSD: Tight SqueezePrice is squeezing together between supply and demand, which side of the market is going to pop the bubble?
Personally, I would like to see some upside but I am open to trade either way.
We must not get caught up in a bias, be reactive, not predictive.
Have a great trading week team, trade cautious around the news!
GBPUSD Potential longs into 1.33550Confluences
a. Multiple rejections on Major psychological level 1.32000
4H 10 wicks
Daily - 4 wicks and 3 consecutive wicks
b. 4H Higher high
Daily - Not sure if it broke the previous structure (but broke in other markets) but it also filled two daily candlesticks that
c. 4H FIB since it s making 4H leg (bought at 50%)
GbpUsd could correct higherThe overall trend for GbpUsd is bearish, but, looking at a lower TF, we can see that the new lows from December are very close one to another giving me the idea that we can have a pause from losses.
As long as 1.3150 is acting as a floor, the pair could rise to 1.34 resistance zone
GBPUSD , We are in important support and ...Hello everybody
According to the chart you can see we are in amazing place of support zone that is heavy support from the past until now
We predict that we are going to complete trignale like our shown on chart and after that we can be ready to go up and reach to the target
But we should take signal at first then take in position but we shown all the buy zone and stop loss on chart for set and forget trader and we think in buy zone area maybe we have some stop huntering position and after that we are ready to go up and reach to the target
But guys becareful because the trend is downward and we wanna take position against of the trend
If you have any question ask us guys , send us messages in private
Good Luck
Abtin
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.