At the moment GBPUSD is trading at 1.3608 which is a resistance level, we will wait for closing of H4 is four hour candle closes below 1.3608 we will go for selling with first target 1.3517 and than 1.3460 range on reverse side if H4 closes above 1.3608 range will go for buying with intial target 1.3680 to 1.3715 and than 1.3750 at the moment we are not trading...
At the moment GBPUSD is trading above 1.3408 closed H4 candle above which indicates bullish bias till 1.3460 closeure above 1.3460 will open door for further rise toward 1.3495 and 1.3580 use stoploss and incase it failed to break and closed above 1.3460 we will sell the pair
At the moment GBPUSD is trading at 1.3344, The pair dropped almost 200 pips plus and found support at 1.3217 already marked on previous chart. keeping in view brexit issue and new strain of corona virus the pair was under selling pressure. Trading Plan we will monitor the price on H4 if price closes below 1.3387 than we expect the pair to drop from 1.3370-1.3380...
GBPUSD closed the week at 1.3521. Last week the pair moved as we predicted technically the bias is bullish but keeping in view Brexit deal issue and other aspects we expect that on Monday if the pair open from same position we will see buying uptill 1.3550-80 range and from their we expect the pairs to come in selling as the weekly correction is due till 1.3380...
At the moment price acted as expected if we follow the trend line on H4 expecting the price to bounce from 1.3640-50 range with likely support at 1.3480 and if that support is broken than pair may move toward 1.3380. present move is the result of positive expectations about brexit deal by the market. bulls momentum is intact selling from 1.3640-50 range will have...
At the moment price is at 1.3178 as per last analysis pair moved exactly same as we were expecting now next target for today in my opinion is 1.3630 and from thier down to 1.3580 at the moment buy is active till 1.3630 and pending sell at 1.3630 -1.3640
At the moment GBPUSD is trading at 1.3512 the H4 candle closed above now we expecting GBPUSD to rise to 1.3580 range if it stays above 1.3560 we expecting clear break above 1.3580 with target 1.3750
At the time of writing pair is trading at 1.33214, in previous analysis we were expecting a sell and exactly market moved 100+ pips in our favour on H4 the pair respected the trend line as shown on chart now we will be looking for closing of H4. if H$ closes above 1.3322 we will go for buying till 1.3400 and clear break above 1.3400 will open ways for 1.3500...
At the time of writing GBPUSD is trading at 1.3338, the pair opened up with the gap of almost 100 plus pips as mentioned in last analysis we entered into buying and closed the buy above 1.3420, from their the pair was rejected on H4 we sold the pair as per our analysis as mentioned in last analysis can be checked and verified because of brexit we expect the...
GBPUSD pair is trading at 1.3352 If the H4 candle closes above 1.3400 we will buy the pair for target 1.3530 on other scenario if pair fails to break and close below 1.3400 we will short the pair for target 1.3320 and positive break below that will open ways for 1.3220
GBPUSD pair traded last week making high at 1.3476 and low on Friday at 1.3132 closed the week at 1.32178 keeping in view price pattern of last week the pair faced selling pressure. In previous analysis market followed and respected the trend line however closing below the trend line on H4, we can say market has entered into bearish market for the time being...
Presently the market moved as per prediction we would be looking for buying opportunities from range of 1.3275- 1.3285 at the moment price is 1.3322 slight upward and than downward move toward 1.3285 range is possible therefore we will wait and look for buying from 1.3285 range with target 1.3380 range Disclaimer: Its not trading idea these are purely market...
GBPUSD is trading at 1.3396 at the moment the price likely to go 1.3406 and than drop to support trend line which is 1.3308-1.3287 i will be looking for closing of H4 if it closes below 1.3408 i will short the pair, this is purely my analysis trade at your own responsibility