Wait for breakdown on GBPUSD and sell Share thoughts in the comments below Like and follow for more content Good Luck
After a fantastic trade set-up for GBP/USD on my previous idea where we saw that indeed the confluence between the support zone and the trendline caused the price to go up, we are now at a difficult situation. If you were long already a great place to exit could be directly underneath the horizontal resistance. However, if you're not in the trade at the moment...
This is my view on the British Pound/US Dollar from a weekly perspective. I feel as though the tide is changing for the Sterling, FINALLY. The #1 indicator that'll never fail you is Price Action itself, and since we know this I'll share my thoughts as to why I believe it'll eventually head further up. Confluence (3 or more): 1. GBP had bottomed out, but...
were anticipating to move lower taking out the liquidity At equal lows and reaching all the way to a monthyl/weekly low levels ! Trade safe & use propper risk management .
As the American is into the reccesion for long-term, America experiment a grant deprecciation of their value in long-term!!! Well in monthly timeframe we could see a formation of armonic pattern, that mean that Sterling Pound it's could be to reach the 1.27% or 1.618% of Fibonacci's armonic. It's so curios becuase hile Euro is up, Sterling is up too and have the...
There is a clear sign that GBPUSD will test 1.3149 once again. the price has penetrated the resistance at 1.31200 once again and is clearly will break it if bulls support the breakout.
Hi Traders, Cable has entered the week 20/07 with some noticeable strength and should not be ignored. Here we have a buy opportunity on the GBP/USD to potentially the 1.28 handle before I begin looking for signs of a reversal. This week the cable will be faced with some PMI and other economic data figures along with the ongoing Brexit negotiations. Reports...
Hello guys, in this technical analysis, we see how Sterling Pound is go to drop the price, also economyst and financial analysis hope that the currency going to crash the value of the USD. So, guys the situation in Great Britain is warn a possible gran reccesion in UK based in the unemployment crsisis and healthly system about the growth of covid-19 cases. Also to...
Short Opportunity July 7th CONT. Here after review on the higher time frames I have found reason to anticipate a bearish day for the GBPUSD currency pair today July 8th, 2020. As stated on July 7th, I have found a supply/ resistance zone along with price action indicating a significant rally approaching from the 107.500 level. Continued throughout today price...
Plan is simple Place a pending buy limit around the 1.20 handle - 1.2010 is ideal. Stop around 1.1970 ( 40 pips ) TP: 1.2280 ( 250+ pips ) Trade Safe - Trade Well Cheers!
Sterling will continue to weaken USDGBP end of wave 2
Hi guys! Please don't forget to LIKE & COMMENT on my post for me to see what you think about my ANALYSIS :) This will be my official 2nd analysis on a Pair which I will share with you here on Tradingview . On the chart displayed is the 1H timeframe. We can see that the sterling finally broke out of the more than 6 Day consolidation box. We also successfully...
Holding GBPUSD short. Strong bearish momentum since early March with a nice retracement into the 'golden pocket' area after testing the 50% fib yesterday.
After the price touch 1.2000 i excpect another wave looking the 1.2250 zone.
Long is definitely still an option - check monthly and weekly outlook. Retracement is needed however, with Europe opening - we are clear that this zone will have price action in the supply. Good luck today - it is volatile out there and fresh zones are touched
Sup Traders Looks we have ourselves a classic bull fakeout on the gbp to trap people. I am expecting a strong move down over the next coming sesssions! As always keep the risk managed! Cheers :D
We've got a little bit of a gap up here and I'm looking for a chance to buy on a slight drop. I've drawn my entry line at a potential support area that I'm looking for a drop to as well as support to hold to help confirm it's time to keep buying this pair. You can see my price structure that I'm setting as a take profit left on the left side of the screen....