GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Gbpusdsell
GBPUSD-EXCITING SELLING OPPORTUNITY!!Dear Traders, hope you all doing great, wanted to give some time to the market after NFP last friday, we have an good selling opportunity on GBPUSD . As we look on the longer timeframe we identify the key important area where price may attract to after strong bullish impulse as DXY reversed as we had expected.
Longer term bias on GBPUSD is bearish as we expect DXY TO continue the bullish trend .
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GBPUSD SELLHappy weekend guys, so a quick one on GU so basically we are looking to sell GBPUSD Why is because on The Monthly TF we are Currently on a down trend, I will break it down Educationally to be very much understanding, so on the weekly/daily we have a support zone or level which ever one you may call it that need to be tested properly before we can eventually see a bullish continuation, selling because we had a very nice down trend market structure and we are Currently on a resistance lvl, also on the Daily TF we broke trend line nicely. So that’s all for now Please drop a Comment on what you also think on GU. Thanks and have a lovely weekend
GBPUSD-Hello my fellow traders, hope you all are learning and earning, here is another big move setup from my side. GBPUSD dropped from our targeted zone like our AUDUSD setup, this mainly due to DXY being bullish and we are expecting DXY to continue bullish trend for next few weeks.
-However, the economic data that were released today these news released came negative for USD though in my opinion price mitigated the last structure.
What you all think?
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GBPUSD Pair H4 Bearish OutlookThe GBP/USD pair is showing bearish signs on the H4 time frame with the recent confirmation of bearish bias, rejection of 1.24125 and three H4 candles closed below the last bull candle. But bearish pressure is expected to be temporary due to the upcoming decision on interest rates for the US dollar. The first target is between 1.22847 and 1.22574, Second target is between 1.21803 and 1.21537. Opinions of other traders are welcomed.
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GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Bearish Impulse - Minor CGBPUSD is starting a Bearish Impulse in Minor C (orange).
Wave B (orange) is most likely a Running Flat.
However, based on Elliott Wave patterns, it could also reflect as an Expanding Flat.
But I don't think so.
I am going short on the Pound Dollar.
GBPUSD tech. Analysis:
* Elliott Wave: Ending Diagonal on Intermediate (C) (white).
* Running Flat in Minor B (orange)
* Sep '20 Bearish Fractal
* 38.2% Fibonacci Retracement of Minor A (orange)
* Up-Trend Breach
* Channel Consolidation
GBPUSD Trading Signal:
* Entry @ 1.2170
* SL @ 1.2500
* TP1 @ 1.1800 / TP2 @ 1.1600 / TP3 @ 1.2500
* BUY STOP @ 1.2050
* Aggressive Entry @ Market Price
* Moderate Entry @ 1.2320
*Safety Measure: when in the green, moving SL to BE.
Many pips ahead!
Richard, the Wave Jedi.
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Waiting...GBPUSD - I might take some LTF scalps up towards the 50% if we create structure above the current DH, but mainly im looking to see how price reacts to the 50%/4H BOS level, if price gets on top of this it will continue back up towards the 1.23238 resistance level, if we reject at the 50% i'll be looking for price to take out the current DL $ before looking for reversals inside the Daily demand zone.
Let me know your thoughts!
GBP/USD breakout-Scneario!Hey tradomaniacs,
GBP/USD recently broke out of the trendchannel aswell as the support-zone after a very strong manipulated USD during the FED-Conference.
Jerome Powell has been very very hawkish, yet the market tried to bet against him and his Dot-Plots aswell as terminal-rate.
Technically a great setup if we get a re-test of the resistance-zone!
HEADS UP: Big expiration-day tomorrow! Volatility possible!
What do you think?