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Sterlin

GBPAUD Possible Long Setup H1On this pair, we have a market that is in conflict between two zones, one of supply and one of demand. According to my strategy, both zones are valid for the search for long or short scenarios. At the moment, the market has created a bullish setup that I have highlighted in yellow in the 1.86 zone. The objective will be to wait for the price to reach that zone and then aim for a long position with a target of 1.875. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
Long
by Forex48_TradingAcademy
GBP/USD:SELL From 61.8% FIBO Bearish Channel SHORT Setup ⚡️The British Pound, following our yesterday forecast it's inside a bearish channel in the lower timeframe and a narrow/ sideways area in the higher. The price had a double rebound on the 61.8% Fibo inside the channel and today the US economic news may be crucial for all the pairs against USD to understand the next movement for the end of the year. Key events: Canada – Core CPI (MoM) (Nov) USA – CB Consumer Confidence (Dec) USA – Existing Home Sales (Nov) USA – Crude Oil Inventories
Short
by FOREXN1
8
Short GBP/USD this pail will go lower again especially the fed reserve will continue to raise rates to 4.5% and index will go lower from the highest resistance at 114 then the index will go higher again as the recession will continue so the strongest Resistance here at 1.2444 after fed continue raise rate the pair decline almost 319 pips almost 2.5% in only 2 days, we will continue to decline to the first support at level between (1.1400-1.1600) then after breaking the pervious support we will go to the strongest support at level between (1.0430-1.0700)
Short
by KPR-Investment
1
GBPJPY BUYHello traders. GBPJPY has performed a quite bullish price action. But the market makers' game is usually trapping the retailers on Mondays and reverse the trend later during week. So, I am sceptical. The pair definitely needs corrections and that is not only an opinion of mine. It is overbought so many big players will close their profits pretty soon. However, it remains bullish in technical analysis and GBP is bouncing from the lows while JPY keeps loosing value. Drawing Fib levels from the Swing Low to Swing High, based of the last 4H impulse move, I consider the below Fib retracement area as a great long opportunity. 163.585 - 166.057 Note: it is at a weekly Supply level but I see the potential to break it and aim for Multiyear highs. good luck
Long
by The_Forex_Path
GBP/USD:DAILY PRICE ACTION+FIBO+INDICATORS ANALISY|SHORT SETUP🔔Welcome back Traders, Investors, and Community! Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
1
GBP/USD:UPTREND|RISING WEDGE PATTERN - LONG SETUP 🔔The deputy governor of the Bank of England, D. Ramsden said the central bank is keeping a close eye on the property market boom as it could add to price pressures, threatening a post-pandemic economic recovery. Technically we can see a Bullish Rising Wedge formation. Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Long
by FOREXN1
9