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Gu

gpbusd breakdown analysis (short)GPBUSD in higher frame have been bearish and kept on printing new lows at 1.3620 , 1.3377 and 1.3205 . now if we go back to lower frames we can see a bullish run since 28th of January , price kept on printing new higher highs , higher lows until reaching a strong supply zone at 1.3610 and started to consolidate for the past two weeks . so with the geopolitical issue between Russian and Ukraine and pound being risk currency against USD a safe haven currency and taking in account the bearish structure in higher frame , there is a good chance of price dropping from the supply zone at 1.3611 toward 1.3515 as a primary target . If you like this pair breakdown and find educational and interesting please do press the like button and comment bellow for it would help the channel . if you are new in this channel make sure to follow me so you don't miss any future breakdowns . that said I wish you a safe trading
Short
by Gol-DTrader
GBPUSDAs i said in the last weeks... "as I have been saying since May 15 ... As with EJ, GU consisted of the same patern and 1 week chart and 1 month chart what makes me prepare for Sell 700-1000 Pips as I say for a few weeks! ...GU went down as I expected and hit my No.1 target again ... this week I expect a small corrective move and then ... DOWN again to my final target ...in the next period I think it will range between 1.35500 -1.37400 from where I will look and SELL to my final target 1.29500! THIS WEEK...as I analyzed last weeks, GU has climbed and is heading to the hot area where I will look for SELL again for 500-700 pips! I will look for LONG SELL from area 1.37400 or from area 1.34500! Until then, I will play in the short term in the range NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
1
Sell idea for GU - Top down analysisHi, I am going to sell GU around 1.37558, here is why. I always start my analysis from a big timeframe either weekly or daily. That does not mean that I wait days or weeks before taking my trades; I just follow the trend and take trades according to the big timeframe's target. For example, when we touch 1.37558 I will ONLY look for sells until we reach the targets. So on W1: As you can see we an order flow that should be respected. The demand zone is at the wick. People do not like to trade wicks but I love wicks; a wick is an order block on a smaller timeframe. Do not count it out! We also have a volume divergence on this timeframe, sellers are coming in and buyers are exiting. When you sell you want that to happen. On D1: As you can see every time we reached the HH, we tapped into 50% of the last order block/supply zone/sell candle. When you backtest the pair you'd see that GU does this quite often. So to have an even better entry I'd look at 1.37728. On H1: I would expect something like that to happen, then ride the wave. Look at the related idea. It was my analysis on AUDCAD which dropped 200 pips and I'm expecting it to drop some more. Hope this helps. If you do no see liquidity, you are the liquidity.
Short
by MFX_Trading
10
Analysis GBPUSD (Overall down Side)Hello Traders, GU looks like a very much a down trend for the past week. Therefor, trading it to the down side would be your best bet in your favor. As you can see the the candles are retracing to mitigate anything to bring back in profit to continue to a sell/short. Possibly would hit to the 38% to the 50% retracement to reach to the target area. According to the RSI, there is a divergence which it let me know that it is retracing. It also shows the engulfing candle to the retracement area around the Quarter point and making LH and LL's. Beware: news is coming out for all the USD pairs. It is a red flag. starts 1/26/2022 2:00pm EST time. Thank you for reading!
Short
by MonaySess
GU ShortsCurrently price is in a bearish trend and is making LL and LHs. We have just stepped out of this trend by not creating a new LL. however NY and LDN sentiment has been bearish the past few sessions at these levels we are pushing up into now so I'm looking to try and get an entry at the 78.6% retracement and then for the NY session to have a bearish sentiment pushing us down to form a new LL. We are following the trendline nicely and have just had a BOS to the downside.
Short
by elliotthforex