Sterling
GBPUSDJust me playing around, but fits my trading plan. looking for one more wave on the impulsive side before a correction. targets of 1.38 before the correction imo. from roughly 1.3580-1.36 entry. dxy needs a 4h high, this will be the 4h low in gu
GBPUSD short term setupGBPUSD may push a little further up to the resistance of the 15m ascending channel. Potential sells could arise after a clear break out from the channel.
GBPUSD BAT PATTERN 1HGBPUSD could be forming a harmonic pattern, with an entry at 1.3515 and 38.2 and 50 fib targets.
GBPUSD 4H TREND TRADEGBPUSD is looking for support after failing to break 1.37. so we have fallen back to 0.5 fib, high volume and the ema 89 as trend support. despite the bullish dxy we may still get a bullish move in the pair, after the big weekly consolidation breakout
GBPUSD🇬🇧🇺🇸 ↘️Hello guys ! 👋🏾
Hope you had a wonderfull trading week. 🙇🏾♂️
We've managed to bank just over 450 pips in the first two trading weeks in 2021 🙌🏾
So, an eternal batle here, GBPUSD.
I've marked my previous downtrend (A).
After a breah-through (B) to the upside, the pair failed twice to break the resistence (C), creating a DOUBLE TOP (D), and breaking, as expected after the DOUBLE TOP (D), the RESISTANCE (D'), please note that in the middle of the DOUBLE TOP (D), the pair re-tested multiple times the RESISTANCE (D').
After a successful break-through on the RESISTANCE (D'), we have here TWO POSSIBLE SITUATIONS (E) :
A - A re-test on RESISTANCE (D'), and a drop to the top possible support area, giving us a chance of 80 PIPs, which can be adjustable to the bottom support area ( 160 PIPs );
B - A break-through on the RESISTANCE (D'), and a re-test on previous RESISTANCE (C), giving us even a better opportunity to bank 70, 150 and 230 PIPs on its way down.
We WILL WAIT before we enter this trade, and check how the PAIR behave during the first trading days. 👀
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240 SELL OFF ON STERLINGA double top has already formed no the GBPCHF 240 chart and we are good to go.
Reward to risk = 1.4/1.
Enter around 1.21069 - Entry reason: Bearish engulfing.
S.L. 1.21789
T.P. 1.20034
gbpusd updateI think GBPUSD will have one move down to get more buyers located at the 1.36 area. look for price action to resist the 0.5 fib from previous high for confirmation.
GBPUSD PULLBACKA good time to enter would be if the 4h chart can make a pullback to the 0.382 and the volume profiles breaker. i have an order set at 1.36
GBPUSD DAILY LONGSo i was going to post this yesterday but had a 24h mute -_- so couldnt show either my bitcoin trade or my gbpusd trade till today which is a shame. so mmy entry is 1.3520. and price has rejected the 0.5 fib of the major daily move from low to high and price looks to push above 1.37 especially as the dollar falls. go long stop under the wick manage your risk, look for pullback or inside bar break up
GBPUSDIn Sterling, two options are currently conceivable. Either the downward movement was completed with the low in March and the market is currently in the white (X) of the circled red X (marked as Alt.). Or the market has formed an overshooting X at the low in March and the current movement already completes the red circled X. Looking at the other dollar pairs, I would prefer the main scenario here.
GBPUSD TradeGBPUSD approaching buy zone.
London session saw sell-off following growing concern of high Covid case count.
Similar pattern has been seen three times as it stands. We wait for support and then enter, not before.
GBPUSD Short SellGBPUSD has broken the ascending trendline and we are looking for further downside as COVID 19 Cases increase in the UK.
GBPUSD CONTINUEDSo GBPUSD is in a clear uptrend, so on a 4h pullback look to enter previously on our last two trades we have utilized the 0.618 pullback to bag lots of pips, so can we expect a third 0.618 4h pullback to enter on? time will tell, its for sure something i have my eye on, if the rally is really strong we might retrace higher up the fibs, price action or rvi indicator can help.
GBPUSD CONTINUEDSo last week we executed two perfect trades in gbpusd for over 300 pips.now we have another pullback to the 0.618 on the 4h chart, and 1h rvi bullish crosses and this makes me believe we will see bullish continuation this week.
gbp to push up after brexit confirmation!!!I think gbp/usd will push up, depending on the key level being 1.36, where it could bounce off to the downside after. Brexit news favour the pound sterling at the moment and the dollar falling heavily as investors are putting more money into the cryptocurrency and commodities at the moment. Subscribe for more like this. Trade what you see
GBPJPY - Short Opportunity - 100+ PipsMultiple confluences with strong zonal and trend line resistance with wick rejections creating a perfect double top sell opportunity.
GBPUSD 0.618 PULLBACK4H chart is bullish and since closing the exhaustion gap price has fallen to the 0.618 fib, it tapped this level and seems to have found support. we can look to buy gbpusd and aim for a higher high. with a stop underneath the 0.618 and the pin.
EURGBP - H1 - Buy - 100 Pip TargetEUR GBP Buy Signal.
- Multiple confluence on long term trend line support
- Earlier dump to be corrected (21/12)
- Weakening Pound after news on latest Covid Variant, Travel blocks from EU & the world in addition to a bleak outlook on Brexit makes Euro an attractive buy
