Get started

Gbpusdsetup

GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL until 1.1580 LEVEL. Then you can BUY at 1.2392 LEVEL. So go for GBPUSD LONG ENTRIES. Be sure to pay attention to the UK GEOPOLITICAL STATUS. If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
by benny_marshall
1
GBPUSD | Perspective for the new week | Follow-upThe breakdown of both the key level at 1.14000 level and the bullish trendline during the course of last week's trading session might be a sign that the sellers still have a say in this market. Though, the Pound rallies 1.9% on the last day to close the week near 1.1400, with this development I am of the opinion that we remain patient to see how the price will be relating to this current structure before making an informed decision. There is also a high-impact event coming up later in the new week hence the need to see how participants will anticipate this event is very important. Risk 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.
Short
by darcsherry
2
20 REASON FOR BUY GBPUSD🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: structural Down Monthly : structure extreamly bear but there are lot of weakness in monthly candle patterns last month is inside bar 😲insidebar😲 current forming 👎doji😲 weekly : a big Imbalance after it prices are going down and down 🥺 so the bigger picture is not clear and in bulls favor 1 Structure analysis time frame :DAILY Bullish ABCD 2 target time frame :DAILY 3 Current Move :IMPULSE 4 Entry Time Frame : H1 4.1 Entry TF Structure: BULL LOWER HIGH 4.2 entry move : IMPULSE 5 Support resistance base :H1 BULL ORDER BLOCK\ 6 FIB: WAIT TILL TRIGGER EVENT 7 candle Pattern: WAIT REVERSAL 8 Chart Pattern: CIP CHANGE IN POLARITY 9 Volume : DRIED RIGHT NOW SO REVERSAL IS EXCEPTED 10 Momentum UNCONVENTIONAL Rsi: sUPER BULLISH ZONE NEED A RANGE SHIFT CONFIRMATION 11 Volatility measure Bollinger bands: VOLATILITY DIVERGENCE 12 strength ADX: SIDEWAYS 13 Sentiment ROC: BEARISH 14 final comment : LONG AT RETRACEMENT 15 : decision : BUY 16 Entry: 1.1260 17 Stop losel: 1.1140 18 Take profit: 1.2044 19 Risk to reward Ratio: 1:7🥰 Excepted Duration : 10🥰
Long
by Optimum369