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Gbp-usd

GBPUSD Potential for Bullish Continuation | 13th December 2022Looking at the H4 chart, my overall bias for GBPUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 1.23344, where the recent highs are to ride the bullish momentum to take profit at 1.26669, where the previous swing high and 127.2% Fibonacci extension line is. Stop loss will be at 1.21062, where the previous swing low is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
1
GBP/USD:BUY After GBP Mom Release News For A LONG SetupThe GBP/USD after reaching our previous target price had a pullback again in the support area retesting the 61.8% Fibo from the previous swing low. The value is making Higher-highs and Higher-lows supported by a dynamic trendline. The price cross on the higher side of the RSI and today the economic data about GBP MoM ( GDP measures the value of goods and services produced in the UK. The reading refers to a month-over-month growth rate. ) it's increased and this means the economy is increasing/growing. Our forecast is about a new bullish impulse.
Long
by FOREXN1
9
GBPUSD Potential for Bullish Continuation | 12th December 2022Looking at the H4 chart, my overall bias for GBPUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 1.23344, where the recent highs are to ride the bullish momentum to take profit at 1.26669, where the previous swing high and 127.2% Fibonacci extension line is. Stop loss will be at 1.21062, where the previous swing low is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
GBPUSD One more bullish target leftThe pattern on the GBPUSD is a Channel Up supported by the 1D MA200 (orange line). As long as it holds, the Lower Highs Resistance and red Resistance levels will be targeted. If the pair drops below the 1D MA200, then the buy opportunity will be at the bottom of the channel and on the 1D MA50 (blue line) most likely. A signal that this rise can be sustained at an even longer horizon is the formation of the bullish cross between the 1D MA50 and the 1D MA100 (green). When the opposite formation was made back in February, the pair started the major 2022 downtrend that didn't break above the 1D MA100. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
Long
by InvestingScope
GBP/USD:BUY from Support Level in Bullish Trend for A LONG SetupGBP/USD following the correlation with EUR and also the Gold it's inside a Bullish channel where the price is making Higher-highs and Higher-lows. Today the price uses the 50 Moving average as dynamic support to have a new pullback in the direction of the main trend. We are looking for a new Bullish impulse. The release of the economic news about the USD Core PPI m/m and PPI m/m may have a positive affect on the pair if the data will be negative.
Long
by FOREXN1
12
GBPUSD Potential for Bullish Continuation | 9th December 2022Looking at the H4 chart, my overall bias for GBPUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 1.23344, where the recent high is to ride the bullish momentum to take profit at 1.26669, where the previous swing high and 127.2% Fibonacci extension line is. Stop loss will be at 1.21062, where the previous swing low is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
2
InvestMate|GBP/USD Next days. Declines💷💵💷💵GBP/USD Next days. Declines 💷💵Post is a direct continuation of the previous post in which I wrote about the upcoming declines: 💷💵As you can see, we have again hooked the resistance zone where the 0.618 level is located. 💷💵I think this is very strong resistance at this point. Which will not be overcome so easily. 💷💵The downside scenario and target remains unchanged. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💷💵 *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
1
GBPUSD can move higher? 🦐GBPUSD after our previous idea reached the 1.23 level. The market after the last impulse has rates the support area over the 0.5 Fib level and is now trading below a minor resistance. According to Plancton's strategy IF the market will break above we will set a nice long order according to the Plancton's strategy rules. ----- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
GBPUSD Potential for Bearish Drop | 8th December 2022Looking at the H4 chart, my overall bias is bullish for GBPUSD because the current price is above the Ichimoku cloud, indicating a bullish market. But I'm looking for a pullback sell entry. Price has reached my sell entry level of 1.22653, which corresponds to the previous swing high. The stop loss will be set at 1.26669, the previous swing high and the 127.2% Fibonacci extension line. The previous low and the 78.6% Fibonacci line are located at 1.19008. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
2
GBPUSD Potential for Bearish Drop | 7th December 2022Looking at the H4 chart, my overall bias for GBPUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. However, I am looking for a pullback sell entry. Price has tapped into my sell entry at 1.22653, where the previous swing high is. Stop loss will be placed at 1.26669, where the previous swing high and 127.2% Fibonacci extension line is. Take profit will be at 1.19008, where the previous low and 78.6% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
InvestMate|GBP/USD Falling to support zone💷💵💷💵GBP/USD Falling to support zone 💷💵As I predicted in the last post perfectly the start of the declines: 💷💵This time I would like to update my perspective and bring you up to date with the current key spots on the chart. 💷💵The nearest support zone is around the 1.19 level where the fibo level of 0.236 of the current upward wave from the bottom is located. 💷💵Very likely we will see this level in the coming days. 💷💵The stronger support zone is around the 1.16 level, where there is a cluster of as many as three fibo levels. The first is the 0.382 level of the same wave as the first support zone. The second level is 1.272 of the entire upward wave from the 2001 bottom to the 2007 peak. The third level is 0.886 of the entire upward wave from the 1985 bottom to the 1992 peak. 💷💵I don't know if the price will get as far as there, but I don't rule out any option. 💷💵The scenario I am playing out is a continuation of the decline with a target level at the first support zone where I expect some kind of reaction. I will be watching the price behaviour closely at this point. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💷💵 *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
33