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GBP-USD-SELL

GBPUSD: SELLSince both our analyses on AUDUSD and EURUSD are bearish, we aren't surprised to see bearish activity on GBPUSD as well. Base off of drawing a standard deviation from high time frames into the H4 time frame where we plan to execute our trades, we can clearly see opportunities for bears to continue to enter and exit on this pair. Drawing a fib off the H4 from high to low, we can see that price may open near the 38.2 level of the fib, which means we can expect to exit/take profit around the 161.8 level of that fib. Let's see what this last week of September brings to us.
Short
by cupofconfidence
Another potential GBP/USD sell re-entryFrom the last push down i drew up a fib from the most recent high to the most recent low and got a nice orderblock on the 5 min this time i am fully prepared long in advance while the market is accumulating orders, I see a potential small retracement and then another drop hopefully to a new area of interest making another lower high to maintain current market structure and bias to the down side. This is what i plan to do with GBP/USD until the market structure changes as we can still see we havent made it out of the weekly orderblock as yet and have had decent profit because of how huge the area is. Looking to see it move out of the area comfortably and continue falling and looking for re-entries in order to keep making money
Short
by GerardValentine
4
Another Entry into GBP/USDAnother entry from a 5 minute orderblock from its broken market structure moving current stops to breakeven and taking partials as it hit my first area of take profit glad I stuck through and didn't change my bias as we were at a weekly orderblock made more returns on my losses through good risk management was worried about my emotions for awhile but with patience and a strong mindset on your bias we def got a decent amount of gain looking to ride this down as far as possible and continually look for reentries with proper risk management to gain more. This is practice for me before i make my account live, this is how i plan to grow my account with 1 trade in the future take a nice rr and continually reenter my same bias as far down as i can. I see this method as the quickest and safest way to grow an account all it takes is one really good trade every week with reentries and proper risk management to gain quickly
Short
by GerardValentine
GBPUSD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity GBPUSD . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Short
by BULLSS1993
8
GBPUSD - WEEKLY ANALYSIS GBPUSD - Follow the levels for upcoming week, based on trend lines and price action it is expected to go down. My approach will be a sell below 1.36100 Maintain stop loss around 1.36900 Potential downside target 1.34600 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered. Thanks
Short
by Professor_GS
GBP USD : The beginning of a corrective downward waveThe pound's pairs consumed the positive news at the beginning of the week about an agreement between Britain and the European Union on Brexit. The pound dollar pair continued to rise and reached a resistance area , where the bullish wave really seemed to be confined, as the pair failed to close above the ascending channel , and the corrective descending wave appeared, and the pair formed a right triangle that was able to break it lower side. The reason for this decline is due to the fading hopes that prevailed this week for the signing of the draft Brexit Agreement. Technically, if the pair is able to stabilize below 1.3310, it is a good opportunity to sell by targeting the lower side of the ascending channel and the uptrend within the price range of 1.3071.
Short
by TradingFleet
3
GBP/USD May fall 32-62 PIPPlease support this idea with LIKE if you find it useful. We can initiate a short position either now or wait the confirmation. short positions below 1.3130 with targets at 1.3045 & 1.3015 in extension. The RSI is bearish and calls for further decline. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
by hassiikahloon