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GBP/USD POSSIBLE LONG SCENARIO! WYCKOFF ACCUMULATION SCHEMATICS!Hello my beauties. I believe GBP/USD might be reaccumulating after breaking a very long term downtrend. I will be longing in case the prices breach the range to the upside. For more aggressive traders or range traders the opportunity is here already! If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
Long
by TrickleDownFX
EURGBP may setup for another bullish move with a bull flag. The EURGBP has held recent gains well coming out of a "false breakdown" a few weeks ago on the break of the .8470 support and reversal out of the descending wedge. Since then, the EURGBP rallied to test the 61.8% Fibonacci retracement of the July high to August low at .8584. From here, dips to the .8525 level could find support as a bull flag is setting up. Whenever you get a sharp reversal, then a shallow pullback, the risk builds for a continuation move. 
Long
by ForexAnalytix
GBP USD - update from 18.08.2021Sellers took control of the market yesterday with an expected downside move, we are now experiencing a pull back on the four hour which; 1. looks to correct to 1.3718X in the Fibonacci structure, for further sells. 2. The monthly has been broken, but the close of the market needs to distinguish a clean break for confirmed further selling power down to the Fibonacci targets and imbalance targets respectively. To explain further - take the Fibonacci from the 1.43 to the low of 1.3574 gives the weekly Fibonacci. The daily comes from the sell zone in orange giving you the point 1 to point 0 of the low. We are now experiencing a pullback on the four hour/daily Fibonacci referring to "0" at 1.3718. Only looking for sells. Enjoy the trading. About me, Professional analyst at a hedge fund Technical approach only. Experience with FX markets and private equity deals. XYHLX
Short
by XYHLX