Weekly outlook for Major Forex PairsHello Folks!
This is my outlook on Major pairs for 24-28 Jan 2022.
This is not financial advice, please DYOR before taking a trade.
Gu
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.
Analysis of GBPUSDHello traders, as you can see GU is retracing to the upside but overall GU is on a downtrend. So I am expecting for it to reach 50% or less and a double top for a continuing to the down side long term to 27% which is my target for next week. Next week it might make another retest on the neckline if it forms a double top. Thank you for reading!
gbpusd short analysisi seen a rejection area from this price my target is low sl high reward on this point. next to see what will heppend
analysis GBPUSDHello trader, I'm back on public now! Just temporary buys for GU. Looking for it to retrace before continuing to the down side. If it does pass through my SL then we will regroup and react. Thanks for reading!
Shorting GU as DXY reaching Crucial SupportGU Might face a strong Resistance from the level marked on the Chart as DXY took a plunge but reaching a crucial Support to the 94.00 key Level. Might wait to see a good price action. Trade Safe, Don't Over risk!
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GBP USD BUY OANDA:GBPUSD
Gbpusd has been gaining momentum clearing some key resistance levels. The support for gbpusd has been very strong. I'm looking at a continuation pattern on the hour 1 time frame. Major break and retest at (1.31500) ending NFP bullish.
GBPUSD 1H ANALYSIS TIMEFRAMEPreviously GU broke structure then it formed a swing high which made ana order block (institutional block) then it went down forming a swing low with bullish order block now price has returned to an orderblock now from there we expext a short, thanks for reading
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AN posible sellspossible sells on au, it on daily level if we breakout of this consolidation and retest thats perfect short
GBP.USD - Short Opportunity at 1.3577Valid until NYC on 7th Jan
Entry short at 1.3577
Target: 1.3520
SL: 1.3603
Risk to Reward = 1:2
GBP/USD SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
GBP/USD:Daytrade-Preparation
Important: Waiting for break of support!
Market-Sell: 1.35225
Stop-Loss: 1.35515
Point of Risk-Reduction: 1.34930
Take-Profit: 1.34090
Stop-Loss: 39 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBP.USD 05.01.22 - Long opportunity at 1.3510 area Looking for 1.3510 to be tested at around London Open as volume kicks in
Decent level with a SL around 1.3490 and TP target at around 1.3570
Risk to Reward: c. 1:3
GBPUSD Short Opportunity - 1.3575 AreaLooking to short GU at 1.3575
Prior imbalance of PA which is yet to be tested
Target 1.3510 area
LONG on GU!For me the cup and handle formation will happen. 38 fib confirmed a continuation pattern of the bullish move. we've been down training for a while respecting the channel however I suspect it to break this time. A lot of buying pressure will come in on the retest of the trend line and will see GBP sore on a falling dollar.
2022 Forecast of Chaos DXY and it's effect on EU GU etc.In this forecast I am predicting what will happen somewhere between first and second quarter 2022. I expect that volatility will be injected into the markets allowing central banks to clear liquidity on both the buy and sell sides, wiping out many retail traders. The camouflage of a crisis event i.e. higher covid rates, or some sort of terroristic event can/will be used to whipsaw price back and forth creating and similar pricing event to what was seen in 2020. Then I expect that dollar will continue bullish into the 3rd quarter. while opposing currencies crumble.
Have a prosperous year,
Amongst your Getting, GET UNDERSTANDING!
GREAT GBP/USD TRADEIf you saw my post about the dollar index I mentioned that I was looking for GU buys… Perfect 1:3 risk reward ratio risking 2% so I made 6%… My gold trade was a loser so currently up 4% for the day… If you could make 2% a day and compound your money by reinvesting 100% of your earnings, your on your way to being a millionaire. Happy trading #diamondbrotherscapital
GBPUSD BUY IDEAThis is my analysis on GU, lately I've struggled with this pair however it is still the only one I trade along side gold.
I don't trade using trend lines alone, I do use them to spot areas of price that I think could pose a threat of being breached.
This is clear in my shown analysis. I think price looks almost ready to drop from where it currently is but given that Monday will be the first trading week in the new year i will be extremely cautious around entering.
Any questions on this analysis just ask.
GBPUSD Short Scalp DayTradeHey look for a entry when lower times frames 5 min and 15 min are overbought this could last the whole day stay updated.
SL: 1.35014
GBPUSD: Daily Update (31/12/21)Good morning traders!
GBPUSD has been trading sideways over the Asian session. It has just swept the Asia low, I now expect the price to sweep the Asia high before we pull back into some key levels of buying demand.
We created some minor equal lows on the way up that I expect will be taken if bulls want to continue.
I will give you updates shortly on how I plan to approach trading today depending on price action.
Please be careful trading today, it is the last day of the year. Month-end flows usually call for some strong moves due to portfolio rebalancing by investors.
GBPUSD: Bearish Plan of ActionGood morning Alkalites!
GBPUSD has the potential to start a mild bearish trend retracement to collect more buyers.
Ideally, I would like to join the sellers on a pullback. If I can join at the bearish imbalance created within the supply, I will be very pleased.
If we can position ourselves in a good sell, we should have no issues getting the price down to the strong demand points created on the way up.
What is your view of GBPUSD today?
