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Gbpusdlongsetup

GBP/USD Technical Analysis.Currently, GBP/USD is trading at 1.3886. The pair is trading in a downward resistance and support channel but from some time it is consolidating in the same range. If the price breaks the resistance level at 1.3937, then it can start a new up trend and its first target price will be at 1.3983 and second target will be at 1.4034. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5
2
GBPUSD Friday catch - possible 342 pips- if you follow this setup, do not overleverage - do not use more than 1% of your balance simple and effective: -speculative setup -entry at 78.6 fibbonacci -trying to catch a dip below S1-W Pivot -I expect rise from here -SL 50 pips -target is R3W- Pivot -TP +342 pips -RR 6.57 -updates will follow -if you don't want to miss anything, smash the like button ;) -follow me for more good luck not a trading recommendation or a investment advice just my own opinion
Long
by UnknownUnicorn5327114
GBPUSD OpportunitiesSo we have a rather tall Asian range ...not particularly excited or expecting a solid break and reversal early london, might not happen until NY even. But then the levels I'm interested in above and below are the lines. Wait for break out of the range and then a reversal (M or W) at the level and then decide/find entries and execute. Big picture this is just sitting right at the middle so can be 2618 of the big M for a nice downward move Could easily be more upside movement following trend set last Friday (plus 3 strong bullish h4 candles ...more could follow) Happy trading!
by kenoyer