GBPUSD seems BearishAs we all knows that on Friday GBP fell badly and I believe its journey will continue to the next coming week. Better to look sell opportunity on it if Monday candle shows bearish trend.
Gbpusdsell
Mid term forecast of gbp/usdZEYAN here!!!!
I'm looking at the market as a bear, and as far as I can tell, in the medium term, it's more bearish then bullish
This is a general idea of how I view the market; I use algorithms to determine trend and different entry techniques; please do not take this information at face value; conduct your own research.
If you want me to analyse your charts, please let me know in the comments.
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This is not financial advice; please conduct your own research and use this information as confirmation in addition to your own analysis.
GBPUSDGBP/USD seems to have gained traction before testing 1.3000 but the pair faces several resistance levels that could easily cap the rebound. The first hurdle is located at the 1.3040/1.3150 area (static level, 50-period SMA on the four-hour chart) ahead of 1.3080 (static level, 100-period SMA) and 1.3100 (psychological level).
In the meantime, the Relative Strength Index (RSI) indicator stays near 40, suggesting that the latest recovery attempt was a technical correction and that buyers remain hesitant.
On the downside, 1.3000 (psychological level, static level) aligns as key support. In case this level turns into resistance, the next bearish targets could be seen at 1.2970 (April 13 low) and 1.2920 (static level).
GBPUSD Prediction H1Here is my view for GBPUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Trade breakdowns from past weeks Decided to do some trade breakdowns from the trades in April. Here we have a trade breakdown from the 4th of April for GBPUSD where the markets held below Asia low after breaking Asian lows on Friday and we can see that when the markets opened on Monday, it made a nice and slower correction to our OB where the trade was activated.
Based on my 4h analysis: my bias for this pair is a sell so I will only be trading sell setups until there is a CHOC (change of character)
GBPUSD seem BearishThe market is near to it's support zone. I believe if support breaks then look for the sell setup.
GBP/USD SellsThis pair is displaying a bearish sentiment overall on the higher timeframes.
The H4 timeframe attempted to create new highs and left some rejection wicks, failing to break resistance.
The 30min timeframe displayed a clear push to the upside which is the only timeframe to create a solid bullish move
with this in mind, the more probable result is for the bearish sentiment to continue overall.
Targets are set at the most recent daily lows.
GOLD 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.
GBPUSD RETAIL HERD LONG 📉📉📉📉 In this example i provided you with a photo to understand how the retail herd on the most popular retail cfd's brokers are positionated. As we can see on the photo around 68% of the retail herd are long on this pair meaning we have to look only for shorts alligned with the contrarian trading approach to the markets.
Price taked out buy side liquidity and quickly reversed to the downside as you can see on the chart plotted with liquidity.
Remember, you will always have the herd results if you are doing what the herd is doing. Be contrarian that's and edge in the markets.
What do you think ? Comment below..
GBPUSD top-down analysisHello 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.
GBPUSD top-down analysisHello 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.
GBPUSD 1H: Possible SHORTGBPUSD 1H: Possible SHORT
From the previous level, there was a rebound. Additionally, the price may fall to H1: breaking through the level of 1.3115 and falling to the level of 1.3050.
GBP/USD Short TradeHey Guys!
The current GBP/USD Daily Bias is short. Or in other words, price is likely to reach 1.3049 before reaching 1.3298.
So I'm currently waiting for a pullback so I can take a short entry.
In this video I explain the reasoning behind this setup as well as the stop loss and target levels I will be using. Moreover, what I will be looking for in terms of confirmation of the legitimacy of this short setup.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
GBPUSD Prediction H1Here is my view for GBPUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AFTER CORRECTION GBP/USD SELL NOW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
GBP/USDThe British pound shot higher last week, but as you can see, has also given back quite a bit of the gain. This is not a good look, and it does suggest that we are probably going to drop towards the 1.30 level underneath. That is a large, round, psychologically significant figure, and if we break down below there it is likely that we could go towards the 1.28 handle. If we were to break above the top of the weekly candlestick, we could go looking towards the 1.34 handle.
GBPUSD top-down analysisHello 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.
GBPUSD SHORTS 📉📉📉📉 Expecting bearish price action on GU as we are in a bearish market structure on a HTF and lower timeframe, price retraced back into 1.32000 . We have a lot of bullish imbalances should be filled
The retail heard is LONG on this pair, meaning we should go for SHORT entry.
What do you think ? Comment below..
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.
GBP/USD lilely to fall!Hey tradomaniacs,
GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity.
The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout).
The break below the trendline is also an indication for a fall, even tho we have to be carefully due to the recent fakes below it.
Lets see what happens =)
GBPUSD will more short from current pricePound will more down from current price!
CPI data is negative for economy!
I expect pound 1.29xx to 1.28xx
Technically There is a valid Hidden Bearish Divergence! So enjoy the ride!
GBPUSD Chart H1Here is my view for GBPUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
