Long GBPUSD +76pipsTrend reversal pattern, we are looking for a reversal at the end of this week, nice and smooth PA to be here
Cabel
GBPUSD Intraday: Looking to sell rallies towards 1,2600/20...Hi,
Looks like intraday triple top confirmation with move back below 1,2590.
Im looking to sell rallies ( or retest if you wish ) towards 1,2600/20...
Stop 1,2640+
first target: 1,2515/00
second target 1,2440/20
Good Luck!
GBPUSD Intraday: M-phone formation ? Selling rallies 1,25 targetHi Traders,
with the break of 1,2640 to the downside looks like pound may get back to the reality
If the megaphone formation on the chart is correct, we may see retest of the mid line before move lower...
selling rallies towards 1,2660/80,
stop above 1,2715
first target around 1,25
Good Luck
GBPUSD Daily Stops are done, shorts at the end of the day ?Hi Traders,
The bulls have reached the crucial level and in case of bull flag continuation should close the day above 1,3200 in my opinion. Closing the day with the upper shadow will provoke profit taking from long positions .... and I am counting on it patiently waiting for the end of day.
Alternative scenario: closing the day at least above 1,32, retest and with a positive PA long .....
Risk factors:
UK elections on Thursday
FOMC and USA. Consumer inflation Wednesday
USA vs China
Trump state of charge
Good luck
GBPUSD [Daily] Selling rallies / 3 possiblities Based on daily chart we are testing first possible supply level/zone and there is some reaction ( hence not big yet )
Im going to sell intrtaday rallies twds 70ish and more details on intraday chart within few minutes
Risk events:
FOMC minutes
Juncker May meeting today 17:30 GMT
GBPUSD [Intraday] Failure above yesterday highBulls trying to take out yesterday high but hit wall of supply from 29th of November.
Looking for retest and if we hold again will look for shorts twds 1,2650/2580
Strong buying pressure confirmedI'd rather buy from this level. The reason for this is obvious to me. Price closed above bearish trendline both on the Daily chart and on the Weekly chart. Price action retested the moving avarege and the bearish trendline as well.
Follow this chart to see the updates or follow my page to see my analysis on other pairs.
GBPUSD intradayTwo possible scenario for GBPUSD
We see two possible patterns - Bearish Rectangle and Double Bottom.
Wait break.
Targets on the chart.
Thank you for your attention.
GBPUSD intradayI will buy pound abowe 1.3289
Alternative scenario will after break below red line - 1.3120
Possible targets on the chart. Trade Care!
GBUUSD rebound - ?Rebound from the lower boundary of the ascending channel (violet line).
Breakdown of the descending trend line (H4), (orange dashed line).
Rebound from EMA600 (H4).
Let`s see.
Possible scenario on the chart.
Targets on the chart.
Alternative scenario on the chart.
High risk trade!
Thank you for your attention.
GBPUSD two possible scenariosI will buy pound abowe 1.2308
Possible targets on the chart.
AB=CD bullish
but we have AB=CD bearish also
Now we are above EMA55.
Let`s see.
Alternative scenario will after break below red line - 1.2147
Trade Care!
