GBPUSDGBP/USD GOING DOWN. This Market Is Now Down Trend. This Market Is Now Likely To Move From Lower High To Lower Low.
Gbpusdidea
GBP/USD : PRICE ACTION ANALYSIS ON DOWNTREND SCENARIO | SHORT !Welcome back Traders, Investors, and Community!
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GBPUSD , Its time to buy ...Hello everybody
In here we were in downward trend but the trend was change to upward and now we are ready to jump toward the target
We made reverse head & shoulders in the bottom of the price and in other view of technical we have a key and the trend was changed to upward and now its time to jump and make new rally
Dont forget check the chart in multi-time frame and take signal like hammer or ... then take buy position
Dont forget use stop loss guys
If you have and question ask us
Good Luck
Abtin
GBPUSD H1 TIMEFRAME (BUY)We consider buying this GBPUSD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
GBPUSD continuation tradePrice to retrace to re-balance zone before continuing up. Please look at lower timeframe confirmation before entering. GL
GBPUSD: Trendline TrapsThis trendline is creating obvious liquidity that needs to be purged.
The false bearish lure move of the morning suggest sellers have been trapped and therefore need to be stopped.
When they get stopped out I will look for a solid retracement to go long with the team.
What do you think of this idea?
GBPUSD: Time for Reversals?Price pushed down and aggressively wiped out a significant previous order block on the hourly timeframe.
This may now give buyers the opportunity to switch the trend.
We can ONLY take this trade if we see a BOS as illustrated.
Once we get the BOS and the equal highs are broken, we could look to use the new demand region for buys.
If we don't see this, then the trend must be respected and sells remain valid.
There's room to move up for the GBPUSD.The pound dollar looks like it has room to move up and continue in its consolidation range after the UK announced no change in their interest rates. Unless there's a black swan it is unlikely that the pair will give us any direction.
BULL CASE
Price to go straight up from here to test 1.38 at the top of the channel.
BEAR CASE
Price corrects farther down to touch bottom of the channel before moving up.
PS: There's meat in this trade, you can afford to enter half the amount you're willing to risk and set up wider stop and deploy the other half when it reaches the bottom of the channel. Don't risk more than 1% of your account in this trade.
GBPUSD: WHERE IS THE NEXT?????If you want to know how GBPUSD will move for next 1-2-3 month, here is my idea 💡
Market always move as history.
DXY also have turbo boost for grow up.
If you have idea, comment for any reason below here.
And Like if you agree.
GbpUsd- 1.4 is still my targetAs I said in my previous analysis, I expect GbpUsd to reach 1.4
Although the price has dropped hard on Friday, the bullish structure is still intact and at this moment Cable is close to the 1.36 important support.
I will look to buy near this support with mentioned target
GbpUsd under 1.35 would negate this bullish scenario
GBPUSD SHORT SELL TRADE IDEAGBPUSD is not bouncing after huge correction so an attempt to short it can be made in case it falls even more. ALL levels mentioned. Bearish signal
ENTRY: Current price
STOPLOSS: 1.36989
First TAKE PROFIT : 1.36219
Second TAKE PROFIT : 1.35680
GBP/USD - Buying opportunity, close to oversold areas😋Technical Overview: - GBP/USD
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
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Trade with the manipulation👾
GbpUsd expecting a retracement before making another lower lowAfter breaking the double top pattern, it is expected for this pair to retest the neckline to continue its bearish momentum
GBPUSD - 30 min - Change of Bias - Further upside comingGbpusd - 30 mins - Yesterdays bearish bias has been changed into a bullish one after yesterdays price action on dollar pairs. I see further upside coming for gbpusd upto 1.39 before a major bearish reversal.
GbpUsd- Correction over?After a local high of around 1.3850, GbpUsd has started to correct with the price trading within a bull flag.
At this moment the correction could be over and the pair can make a run to the important 1.4 zone
The confirmation comes once the resistance of the pattern is broken
GBPUSD Long 4H ChartHello Traders I draw an ABC guided by the momentum and using the 200 EMA like a Support. If you can see after traced a fibonacci retracement the price uses the 50% of the retracement like a support also. So we can expect with this data more buy orders from the long side. GBPUSD
GBPUSD - Daily - Bearish continuation - shorts playGbpusd - Daily - Price pulling back down off a daily swing lower high level which recently left behind a fresh supply zone which has now been tested. expected big downside on this pair.
Bearish bias on GbpUsd waiting for a pullbackAfter a break of the ascending trendline indicating bearish momentum, currently waiting for a pullback for sell entry and better risk reward ratio.
GBP/USD Sell Opportunity As Long As Below 1.3800In the H4 chart, GBP/USD confirms breaks and is stable below the ascending trend line. However, technically it has started its downward trend.
As the British government's proposals to tackle its record budget deficit and inflation have been outlined, it is unclear how Mr. Sunak will be able to tame both issues.
The GBP/USD pair has lost strength in early European sessions on Wednesday as investors look for clues about what might come next from negotiating parties. At the same time, technical indicators point towards a bearish trend over the coming days or weeks.
The mystery lies with these two major concerns and finding innovative solutions that appeal broadly across party lines after eight years of Tony Blair's Labour Party administration, during which time spending more than we earned resulted.
Brexit has resulted in an "economic catastrophe" for the UK, said Thierry Breton. The Internal Market Commissioner of Europe added that they'd seen a lot of bad faith from Britain and predicted their exit would significantly impact all levels: economic, political, and social infrastructure. This is only getting more apparent with every passing day since article 50 was triggered last year.
Technical View:
As long GBP/USD is below 1.3800, it will consider as a downtrend. From the present rate, immediate resistance is identified at 1.3700.
Breaking below, we should enter for sell, not before.
Breaking below 1.3700, our first target is 1.3620, 2nd target to the downside is 1.3550, and the final target 1.3450.
On the other hand, breaking above the 1.3800 downtrends will e invalid. So after breaking above 1.3800, GBP/USD may test the 1.3920/1.3950 price zone again.
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.
gbpusdgbp is going to be weak. it is under the upper resistance of the channel.also the price action is great. it is going to touch the target soon.
GBP/USD Technical Analysis.Currently, GBP/USD is trading at 1.3821. The price is moving in sideways trend from last 1 week and can consolidate in the same range before breaking resistance and support level. The pair may start a new down trend if it breaks the support level at 1.3740. As the pair was moving in up trend from some time and there is a lot of fule left in the pair to touch its strong resistance level at 1.3955. If the pair starts a new up trend by breaking its resistance level at 1.3836, then its first target price will be at 1.3892 and second target will be at 1.3955.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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GBPUSD , Do the channel can support the price again ??Hello guys
I hope that anyone take profit from the market until today
In here we have a amazing descipline chart , the price is moving in upward channel and have reaction the the up or down of the channel
The price is near the trendline below of the channel and we expect like past , that can support the price to rise
But we need at first to take signal and see the powerful of the price then we can buy and take position
Dont forget use stop loss and attention to money management
Good Luck
Abtin
