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Gbpusdidea

gbpusd chance of the year gbpusd for long term , Don't miss this trade when two wolfe waves analysis meet with trend line analysis + Alligator and fractals analysis compatibility in 1 hour time frame, + weakness of dollar index + the British pound futures is at a strong daily support , This means that this deal or any deal similar to this comes once a year, and you have to seize the opportunity,Opportunity comes once and you have a choice to either take it or miss it and blame yourself, so do not miss it with total 700 pip Stay safe and show me your support ✌️ 🥳✅
Long
by Elrouby
2
GBPUSD:Pound Breaks Through Selling PressureThe British pound started to dip slightly on Wednesday but turned around to show signs of strength. At this point, the market has broken above the top of the inverted hammer/shooting star from the last couple of days, which is a very bullish sign. That being said, there is still a significant amount of resistance above extending all the way to the 1.36 handle. That is an area where we had seen the most recent selloff, so it will be interesting to see what happens next going forward. That being said, this is a market that will continue to see a lot of noisy behavior and I think what we have here is a situation where the British pound looks good, but it also needs to prove itself. To the downside, the 1.34 level has offered significant support, so breaking back down below there would be a very strong turn of events, but we will have to wait to see whether or not that happens. More likely than not, we will probably see signs of exhaustion above just waiting to get involved to the downside. If we do break above the 1.36 handle, that could be a major change in attitude. Pay close attention to the yield differences between the United States and the United Kingdom, as tapering in the bond market purchase program could be one of the main reasons why the US dollar continues to strengthen. The Bank of England has been very dovish, so that has had a major influence on what we are seeing here as well. In the short term, it looks like we might get a little bit of a recovery, but it is still a market that is very much in a downtrend and that is something that cannot be ignored. If we do break down below the lows again, then it is likely that we could see this market go looking towards the 1.30 handle, but that is a longer-term call more than anything else. It is also worth noting that the US Dollar Index has broken out quite significantly, but might be a little extended, so a pullback against the greenback for the next couple of days might make a little bit of sense. In the short term, it looks like we might get a little bit of a recovery, but it is still a market that is very much in a downtrend and that is something that cannot be ignored.
Short
by SmoothJB
GBPUSD SHORTING ANALYSIS & TRADE IDEAHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ Though Monthly is Bullish our Weekly & Daily are bearish. We also draw a trendline where the market as continuously respecting, if we see a break of structure we can expect a breakout on the trendline and continue to ride with this bearish momentum for this trade. On the 4H timeframe this is where we take our trade. We will base our entry on the structure retest on the 0.382 of the fibonacci retracement and another entry is at the structure level, our stop loss for both is at above the structure level and our take profit is at the -0.272 of the fibo on the daily impulse. Trade Signal SELL Entry: 1.34217 Take Profit: 1.32840 Stop Loss: 1.34675 SELL Entry: 1.34505 Take Profit: 1.32840 Stop Loss: 1.35050 Good luck! Trade wisely, please do proper money management. ~FX_SHIFTER
Short
by fx_shifter
2