GBPUSD LongLonging the cable. Pound reached the support area I was looking for in the previous post, I expect a bullish run in the next couple of days/weeks. 200EMA and 50EMA crossed in 2h time frame. according to Forex sentiment 63% of the traders are Longing the pair, this is not financial advice but my views on the pair. Make sure to use proper risk management and I wish you a good trading week.
Cablelong
GBPUSD LongLooking for price to close and stay above 1.35000 psychological level. Looking for buy opportunities along with PA only if price stays above 135. Simple break and retest of structures and trend lines. First target 1.36000. Trade idea is invalid if price falls below 1.34650.
My own analysis for educational purposes and not financial advice.
2 Levels Of Accumulation Observed On The CableGBPUSD again rejected below 1.37000 with on-going buying pressure observed on H4 on 2 levels (green highlights). Price rejection at either these levels will see the pair re-testing recent swing high at 1.37502 (or above). However, failure to rally above 1.37502 will likely cause cable to continue going further down.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
GBP/USD Signal - GBP Consumer Price Index - 14 Jul 2021GBPUSD has done a break and retest of the resistance trendline prior to the GBP Consumer Price Index data, which measures the change in price across a representative basket of goods and services. Technically the pair has done a break and retest, and is also now at fibonacci support. We anticipate continued upside into the 1.3955 level.
GBPUSD at Range Support - Upside from Here?GBPUSD is trading in a range prior to the USD Consumer Price Index data, which shows the change in price across a representative basket of goods and services and is used to measure inflation. Technically the major forex pair is at range support and above the key 1.4100 level. We anticipate upside into the range resistance, and potentially beyond. Our upside target is 1.4220.
GBPUSD - 160 pips Banked💰💰💰- UpdateHello Traders
Congratulations to everyone who took this trade with me 👏
Congratulation on the USDCHF shorts too another good 100pips👏💰
It was a wild ride but we got through and the news worked in our favor
I know some of the members have not yet taken profit due to different brokers but don’t worry 1.40 will be hit
God bless you
I wish you a happy weekend and be rejuvenated as we start the new week next week
Stay blessed
Slick⚜️