Get started

British

GBPUSD | SWING - 22 Sep. 2020Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may continue to fall at the close today below the blue line, and I think it will continue to decline because it broke the trend and retested. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice. BTCUSD Apple GBPUSD EURUSD XAUUSD AUDUSD
Short
by Saeed966
4
Pound ($GBPUSD) 🔔 | What Wikipedia Cant Tell You About GBP🛑 The pound is showing weakness as it seems to move in lockstep with the broader markets today. Further, economic data is set to come on Friday which should show a contraction in the UK economy due to the lockdowns. While short term trends are bearish and the COVID fears are ramped up, there is still a case for the bulls due to the overall bullish trend... if the Pound can hold here. Let's take a look at some levels for the bears and bulls. Support. The current S1 bullish orderblock cluster is pretty much already lost, but it is none-the-less our primary support (it can still act as support if the bulls rally quickly). Meanwhile, the S2 bullish orderblock is bound to see a reaction in the likely event that the bulls can't hold the current range S1. If we do get a reaction at S2 it is possible we will try to retest the current range. This move could have enough momentum to bring back the bull trend, however, we more so would expect a move like that to lead to further correction eventually finding support at the S3 S/R flip and orderblock cluster. Resistance. In the unlikely case the bulls can take control back from the bears here, the first point of potential resistance is the R1 bearish S/R flip. While R1 is notable, a turnaround by the bulls at this point will likely lead to a sustained move higher with the R2 S/R flip acting as resistance before the previous highs at the R3 bearish S/R flip and bearish orderblock are tested. Summary. The bears seem to have a pretty clear path to victory here with a wave of COVID and other assorted fears gripping the markets after an extended and bullish run. The Pound seems to be caught up in the whirlwind of chaos sweeping the markets, and this has us favoring the bearish outlook. The bulls will have to step in quickly to change our minds, although there is still clearly a path forward for them. Resources: www.dailyfx.com Hit that 👍 button to show support for the content and help us grow 🐣
by AlphaBotSystem
3
GBP Pairs Might Rise Back To 2008 LevelsOn December 12th 2019, as the British polls were coming to an end, conservative Boris Johnson was winning. With Boris's the idea to get rid of the Brexit deal that was introduced back in 2008 which lead to a 29.5% crash on all GBP pairs within a year, price on GBP pairs came rising up to over 400 pips within a few hours. This leads me to believe, a good swing trade setup is in the making where market price can reach record highs since 2008 before Brexit was introduced. All in all, This would lead to about a 30% increase at over 6,800 PIPS.
Long
by AzzenWazHere
GBP/JPY | Risky SellHi, Risky, because it is GBP :) A possible short-term reversal should stay inside the marked red box. It consists of: 1. The trendline, nice and clean touches, waiting for the third. 2. The orange horizontal line is the previously worked support level which now should act as a resistance. They both make up a solid crossing area. 3. Short-term AB=CD 4. The mid- and round number 143.500 & 144.000 5. Wait for a bearish candlestick pattern and let the price action guides you into the trade. Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
Short
by VaidoVeek