GBPUSD breakout trade on either side, if broke resistance or support. Place TP and SL with buy stop and sell stop orders.
Hey Trader, Check this out on GBPUSD, it is in a weekly range and it just made a new retest of the upper band of the supply band since it last touch 15th of Dec 22. This might worth your time, keep a close tab on it
GBPUSD looking bearish it the support levels 1.1734 and 1.1630 area the final area which confirm bullish is 1.1630 the bear is still alive till the support levels.
GBPUSD Daily = Downtrend. Cable ( GBPUSD ) is in the Supply Zone , most likely will going down turn to Demand Zone (1.07650 - 1.0888). I prefer Short / Sell entry in Supply Zone (we should find the smallest Supply Zone for Sharp / Sniper Entry) with Stop Loss @ 1.7700 and TP #1 = 1.1220 & TP #2 = 1.0900 (Swing Trading).
🔰You can see the analysis of the British Pound in US Dollars in a four-hour time frame (GBPUSD _ 4H) 🔍 ✴️According to the price picture, it is moving in a parallel descending channel❗🧐 If the price can stabilize itself above the black🖤 line, then it can have an upward supply area🔺 In other words, if the price can stabilize itself below the orange🧡 line, then it...
Base on H1 chart GBPUSD showing bearish structure, keep the follow the bearish trendline. As long GBPUSD is below trendline we are stand in remain bearish.
After the upward tick that we have seen in cable for the past week, today we are looking at a correction in the currency pair and set up the below trading idea: GBPUSD SELL @ 1.26200 TP: 1.25452 SL: 1.26532
After breaking below the trendline support, what bit confirmed that the GBP/USD will test its significant support level, and it happens. Now the question is will GBP/USD bounce from the strong support level? We have seen gold and oil didn't respect any substantial resistance. EUR/USD is falling apart and not the following support as well. So, can GBP/USD...
Hi fellow traders, GBPUSD correction looks complete look for long position and take profit at one of the R levels. Goodluck!
GBPUSD currently showing a rejection from weekly resistance. If it rejects from this zone, it will be big drop as there is already a weekly hanging man is formed.
GU is generally in a down trend. We witnessed a reversal at a key psychological area (1.36000), and our intra line was violated following an EMA crossover, confirming a change in direction. Price broke above 1.37000 (another key area) and is currently in consolidation. Price has already tested and bounced off the 38 Fibonacci retracement level and is creating...
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.
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.
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.
So 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...
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the conditions of the strategies are satisfied. Press like Button to support this video and let me know in the comment section if you have any questions