Gbpbuy
GBPUSD: Short Buy SignalHello! How are you?
I'm back with another signal!
Ok, let's go to the chart...
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I say Buy because of:
1- RSI: under 30.
2- MFI: under 20.
3- It is on a strong support zone right now.
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Happy Trade...
Have a Good Week...
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Please Like and Share my Idea about GBPUSD!
Any Question or Suggestion? Just Comment or Message me!
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Mahdi On Forex
GBPUSD waiting. Keeping the purchase.The pair maintains its laterality, which enhances the idea that it will continue in an uptrend. A clear flag marks this lateral movement. At any moment we should see a bullish momentum. If we see it with Elliot Wave, we would be in front of a lateral 4 wave. going in search of wave 5, and resistance.
GBPUSD - Buy 04/02/2020Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can buy GBPUSD from 1.297-1.292
Stop-loss at 1.29
ATTENTION: For a safe purchase, you should wait until the wave of 1 is formed and buy GBPUSD on the wave of 2.
You will find more trading ideas in SAV Finance community.
LongTerm and ShortTerm Analysis of GBPCHF,
This monthly chart is a possible bullish bias I have for GBPCHF over the long term. A bullish upmove to my 382 @1.76048.
You can see that here:
What is my fundamental reason for this? My theory is that if the vote for new british leader is lost by Boris Johnson, then the Pound is bullish.
Now if this fails, odds are the pound will continue bearish, but if the Pound is currently bearish I have an alternative below:
If price manages to break 1.2938 then bullish bias is confirmed for buys all the way to 1.34
But if price is BEARISH:
Assuming Pound breaks 1.269 then confirmed down trend to my short term 382 and 618 take profits, 1.26158 and 1.24445 respectively.
GBPAUDGBPAUD Continue it's bullish move as it moves out of the triangle.
The distance traveled by each subsequent wave reduces in length.
This has the effect of contracting the range of the wave, hence the name!
A low risk trade can be placed at the end of wave 'e' with the idea of catching the market as it turns back into the trend.
GBPUSD buy pattern. Try to catch long profitMonday, Tuesday and Wednesday - has main news for GBP pairs.
But pair has big long impulse on 7 feb. And next - 3 lower lows on correction.
So right now we can open long position on GBPUSD on 1.2920
SL on - 1.2851 - near 70 pips - big SL so use not big order volume.
TP - 1.3100 and RiskRewardRatio - 2.64.