GBP/USD - Short; SELL it here.This is an ever so slightly lesser short than the EUR/USD on the long run but for now it's all the same on these levels. (GB isn't "dying" - i.e. committing suicide - at the same vigorous pace as the EU nor is it tied to that Titanic. Also, the US-GB trade zone's significance is bound to gain steam in the very near future.)
The technical picture ought to be self explanatory.
as for the long term EUR/GBP relationship;
Gbpusdsetup
GBPUSD SELLWelcome . The pound sterling against the dollar. in a very negative state. With the price reaching the strong resistance 1.2100, with a retest of the area. It also formed a very negative candle on the daily chart. with a downward trend. And break the bullish flag. There is a lot of pressure from the sellers to bring the market down. to 1.18,000 levels in the first stage. And the level of 1.16000 is good luck. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
GBPUSD - Now we wait... GBPUSD - Now we wait...
GBPUSD within the ranges Highs: 1.22480 Lows: 1.18530
Keep in mind:
we had BOE'S BAILEY: CAUTION AGAINST SAYING WE'RE DONE ON RATES & Let's not forget we aren't done with 'Brexit' as that tension tightens as per usual we saw EURGBP escalate higher whilst GBP we are within these ranges until prices give us clear direction.
Technical view - It's very clear levels when it comes to price and we could even say there's pattern formed
Highs: 1.22480 Lows: 1.18530
A break of highs, take us back to 1.24000 areas
A break of lows, take us back to 1.17000 areas
Don't forget to add alerts & stick to your own trade plan.
Have a great day ahead,
Trade Journal
GBPUSD: Trading like this can be profitable today
Hello everyone, GBPUSD is currently in a downtrend and approaching support. The support level has already been marked on the 4-hour chart, and I believe that a rebound could happen here. As for today's downtrend, I updated my strategy earlier for EURUSD, where I recommended a short trade, and it's now close to the take-profit level.
On the 1-hour chart, it is evident that the trend line has been breached, and the support level is very close.
I'd like to mention that often when the US dollar index rises, most non-US currencies tend to fall, so trading can be similar in many cases.
Thank you for your attention and support. I will share more good strategies for you to refer to and help you profit better in the market. If you have any questions, feel free to leave a comment, and I will provide the most reliable solutions to help you solve your problems!
Wish you a pleasant day!
GBPUSD: Buy with a target of 1.213
From a technical perspective, the 4-hour triple bottom pattern has already emerged and has overcome the short-term pressure at 1.202. Currently, it is fluctuating within the range of 1.213-1.192.
The bullish strategy remains unchanged, with continued buying at lower levels.
The initial target is around 1.206, followed by 1.213. When the price approaches 1.213 again, I believe there is a high probability of a breakthrough after a long period of consolidation.
Therefore, I maintain the trading strategy of buying at lower levels.
I have profound knowledge and extensive trading experience in gold, crude oil, forex, cryptocurrency, and other markets. I am happy to share this with everyone and greatly appreciate your attention and support. If you have any questions, please leave a message in the comment section, and I will provide you with the most sincere and responsible solutions.
Have a pleasant day!
#GBPUSD-HIGHLY PROBABLE SELLING OPPORTUNITYDear Traders, Hope you all doing great, we have got an excellent selling opportunity on GBPUSD in which we are expecting price to come to our zone and then drop from there. Fundamentally wise we have major upcoming news on Friday this week which NFP, every traders across the globe must be eying on this report as this will be a trend decider for all the USD pairs. With that, GOOD LUCK and have A great week ahead.
GBPUSD Long Term Analysis (Daily Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Downtrend in red color (Long Term and Short Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Daily Level (In White) We have been respecting if we broken we will have a big drop downward toward the support levels.
White Levels are stop losses or levels and trends that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
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Exercise Proper Risk Management
GBPUSD | Perspective for the new week | Follow-upDespite the rebound in UK consumer confidence in February and the GfK’s consumer confidence indicator jumping seven points to -38 (a 10-month high), the Pound Sterling relinquished its previous gain to close the week above a strong demand zone at the $1.19000 zone. Supported by strong economic data, the demand for the Greenback has virtually increased in the last couple of weeks to send a bullish statement going into the new week. Will the Pound find support this week or will the continued selling pressure breach the $1.19 level to incite a sell-off? We shall rely on key economic data this week for liquidity and insights on potential trading opportunities. This video illustrates from a technical perspective what we are looking out for in the coming week(s).
00:48 Reference to last week's daily commentaries and results
03:20 GBPUSD Technical analysis on Daily chart
08:35 Macroeconomic events to look out for the week
10:25 GBPUSD Technical analysis on 4H Timeframe
11:25 Conclusion on next week's expectation on GBPUSD
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
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 BUY AND SELL OPPORTUNITIES Here are 4 possible scenarios for some buys and sells.
I marked the the charts and labeled the POI (Point of Interest)
Please make sure to use proper risk and wait for candle closures for confirmations on entering the market.
You can drop on to a lower time frame for a sharper entry.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2700 LEVEL. Before that, you can SELL at 1.1580 LEVEL. So go for GBPUSD LONG ENTRIES.
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 Long Term Analysis (Daily Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Downtrend in red color (Long Term and Short Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are stop losses or levels and trends that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPUSD BUYhello guys we are looking at gbpusd on the 1hour time frame, you can clearly see what price is telling us at this point of time so we have a nice head and shoulder pattern price broke the neck line successfully and we are waiting for a retest on our 0.61 fib level or area before we can successfully take our buys we are looking at about 150 pips plus on this trade, drop a comment on what you think
GBPUSDThe best strategy is between 1.2426 and 1.1922. that we see the completion of the 0-5 harmonic pattern. The defined target of the pattern is after the completion of the 50% corrective Fibo range, which has formed an important resistance at the intersection with the 1.2027 pivot point range. With the possibility of forming a positive divergence in the area of 1.1922 and breaking the trend line with a higher slope, more flexibility can be considered for the upward target, and in case of breaking the resistance of 1.2072, we can expect the completion of the reciprocal pattern in the range of 1.2111, and in case of breaking The target was 1.2175 D in the static range of A pattern.
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.
GBP/USD Giving Good Bullish P.A ,Risky,Long Setup To Get 300 PipThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.