GBPUSD SHORTGBPUSD short! There's a lot of volume in the current area, the Pound is testing the 200 TEMA and downtrend channel., is very likely that it re-test the 1.36 area and the main target is 1.34.
Gbpusdshortsetup
GBP/USD BIG SELL OPPURTUNITYNice GBP/USD Sell setup with the trend from the resistance area to the green level as a first target.
Good luck.
GBPUSD trend continues- waiting for GDP newOn GBPUSD we can see a nice channel. Tomorrow GDP news. I bet on SHORT on this pair.
GBPUSD next target is 1.3575My eye was on GBPUSD when a new came on by FEB last on week. I did some research and worked good for that week in bearish. Today a new has came for rebound from 1.3700. It will hit back down just keep your eye on it.
It will definitely touch 1.3575
Comment down on which you want analysis.
GBP/USD Short Analysis Multiple confluence. USD strength this week. GBP under 200 EMA and 50 EMA cross. Bearish engulfing candle 4HR time frame off retracement zone.
GBP/USD (SHORT) 100+ PIPS...GBP/USD TRADE SETUP...
As you can see the price is making LL structure the trend is DOWN as like my previous idea on EUR/USD SHORT if you didnt seen it yet i'll give a link below...
GU now retrace to the AOC where price is now trading near
* Resistence
* Supply area
* Fibo 50%
* Multiple rejection candle at the AOC
Its a good place to short GU TP expexting the PL and Fibo levels...
MY GBPUSD VIEW FOR 4TH QUARTERPrice have played as planned will be looking for 13650 or 13600 for some price action to develop
GBPUSD Trading Idea According to My Analysis GBPUSD Will Move in Downward Channel And Hit My TP Targets
GBPUSD Short 1:3, short opportunity, anticipating push to downside given recent price action forming on the 1 hour timeframe
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!
GBPUSD-short#GBPUSD market is moving nicely as I predicted earlier.
Let it complete correction up to mark resistance then there is a good short move.
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
GBPUSD Forecast looking great!!GBPUSD Forecast for the rest of the week.! PA is looking great! I will be waiting a CE on the lower time frames! I cant wait!
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 ).
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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.
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Rishikesh Lilawat
GBPUSD shortGBPUSD formed inverse head and shoulder on the hourly chart, but it was only a fake breakout the 78.6% fibonacci retracement. In my opinion the next support is between 1.34-1.345. I recommend to open short position on market price, with stop loss around 1.38, and Take profit around 1.34(Risk:1%).
Trade at your own risk.
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