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Gbpusdshortsetup

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
GBPUSD SHORTI've been consistently changing my bias on GU over the last two weeks. now that we have failed to break 1.40 for the third time, the HTF is showing us a bear flag, looking for a 1-1 move that conveniently puts us back to 1.365 (TP2) so I'm forecasting price to move how I have forecasted. LTF ill look for the Chanel to be broken and retested before I take another entry (maybe London open tomorrow) i'm currently in from 1.3986 on break even so let's see how she moves over the next few weeks. anyone wanna check out my YT check out 'Elliot's Trading' peace
by Elliot_DeBrett
3
GBPUSDThe long bull run for Cable is finally starting to loose steam. As you can see, the last higher high (HH) was formed around the 1.3950 handle (-27.00% Fibonacci Retracement). It has also broken broken out of the parallel channel by forming a bearish engulfing and closed below the 1.3875 zone. A confirmation of bearish reversal can be attained with a break of structure around the strong demand zone of the 1.3750 handle (38.20% Fibonacci Retracement ). #gbpusd #gbpusdanalysis #gbpusd_signal #gbpusdtrade #gbpusdfreesignal #forex #forextrader #forextrading #forexlifestyle #forexsignals #forexsignal #forexmarket #forexeducation #forextrade #forexmoney #forexmentor #forexsignalservice #currency #currencytrading #technicalanalysis #trader #forexmarket #forexfunded #forextrade #forexgroup #forexprofit #forexmoney #daytrader #forextraders #forexanalysis #forextraining
Short
by projectpipelinefx
GBP/USD Trading in Upward Channel.Hello traders, GBP/USD is trading at 1.3942. The price is trading in upward resistance and support channel and moving towards resistance level. If the price rebounds back from resistance level then it can possibly touch its support level. So, the entry price for short will be 1.3966, if the price rebounds from resistance level and its target will be at 1.3911. 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
Short
by rishililawat5