Gbpusdlongsetup
Long setup for GBPUSD on M30Buy @ 1.31
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TP #1 : 1.3057
TP #2 : 1.31
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Strong resistance @ 1.2983
Suggested StopLoss : 1.2975
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Trade at your own risk.
GBPUSD SWING BUY ASCENDING Channel on GBPUSD
Looking for it to travel to the next resistance - both the resistance on the channel and the MN horizontal resistance zone.
GBP USD SHORT, FUNDAMENTALS + TECHNICAL GBP USD, according to the US data release today we we will expect US Strong, which will provide a good set up for USD JPY and Of course GBP USD
After this impulse of the pair we will need to recover in order to push lower.
First we have 1.28520 on the cards, However a clean break of 1.30 on the Daily time frames will me this trade invalid.
Furthermore the impulse is great and does not look that will stop now, the relationship between UK-EU is not the best at the moment, this will make the investors give a step back. resulting in a bigger supply of pounds on the market, which will result in a depreciation of the Pound. In another hand we have US coming with positive data.
All the best
Trading Protection
$GBP/USD long swing trade set-up$GBP/USD long swing trade set-up based on this spike down to support and strong green candle. Also looking at the fib retrace on the 1D as an optimal entry. I'll take partial profits and trail the rest.
GBPUSD LONG MUST USE SLHi Guys,
GBP will have a very bullish move soon,Its all about Brexit, they will find a good way to make GBP and EUR GP Up
However,
Must use stop Loss on this one, in case something really bad comes out. I dont think so, but just to be safe.
USD is down, GBP is UP ==== Very Bullish move
Buying areas are shown, Stop loss, and Targets as well.
Best Luck
RejectionGood rejection at 1.26600 ( daily support). Now the trendline is broken, making a pullback. Now we´re heading to 50% fibonacci level.
Awaiting for Long Opportunity on GBPUSD H1Awaiting for long opportunity, many might see this as a bearish move but as for me, based on D1 chart, it is still a bullish run.
Awaiting for double bottom and sign or market weakness for long opportunity.
GBP/USD Expected today highIt seems GBP/USD is on Bullish direction. From the povit point analysis it's time to reach price @ 1.42428.
GBPUSD going lowFailed to break channel and is around strong weekly area which ended with a sell with a target to lower channel.
Will be adding positions on every retracement I find convenient.
GBPUSD |H4| BULLISH GARTLEY//Recommended Risk Ratio : %2 Max
WHAT YOU THINK?
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DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques,
you should do your own due diligence and not take this information as a trade signal.
GBPUSD - LONG price action supports reversalLONG Bottom of channel - price action supports reversal
FX:GBPUSD
GBPUSD : LONG; continue bull trendas you all can see... the box area is for buy...
In h4 timeframe... according to AO indicator... it shows CONVERGENCE which is the price will continue up to the north...
What do you think guyz?
I already placed my buy limit at 1.32100 with 30 pips risk.
GBPUSD Price was re test, best opportuniti for LONGGBPUSD Price was re test, best opportuniti for LONG
long GBPUSD on channel supportWe are at important 4 channel support here on Cable alongwith 50% fib of the recent move. This is a decent area which should hold.
Long GBPUSD @ 1.2817 target 1.29
Stop @ 1.2787
Buy GBPUSD (When triangle break out)Buying GBPUSD (When triangle break out)
Nice setup on GBPUSD as we have couple of major news for tomorrow, currecntly forming triangle or a flag pattern it would be favourable if we buy the pound once the break out happens
Set Buy stop at 1.2780
with stop loss at 1.2710
TAKE PROFIT AT 1.2890
GBPUSD remain bearish below major resistanceSell below 1.2933. Stop loss at 1.2988. Take profit at 1.2854.
Reason for the trading strategy (technically):
Price continues to hold perfectly below our selling area. We remain bearish looking to sell below 1.2933 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push down to 1.2854 support (Fibonacci retracement, horizontal swing low support).
Stochastic (55,5,3) is seeing a very nice bearish exit signalling that a drop is impending.
GBPUSD profit target reached perfectly, prepare to sellSell below 1.2933. Stop loss at 1.2988. Take profit at 1.2854.
Reason for the trading strategy (technically):
Price has shot up and reached our profit target perfectly. We prepare to sell below 1.2933 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push down to 1.2854 support (Fibonacci retracement, horizontal swing low support).
Stochastic (21,5,3) is seeing intermediate resistance at 85% where we expect a drop from.
GBPUSD approaching major support, prepare to buyBuy above 1.2830. Stop loss at 1.2791. Take profit at 1.2923.
Reason for the trading strategy (technically):
Price is approaching major support at 1.2830 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we expect to see a nice bounce above this level to at least 1.2923 resistance (Fibonacci retracement, Fibonacci extension, horizontal pullback resistance).
Stochastic (21,5,3) is seeing intermediate support above 21% where we expect further bullish movement.
