Get started

Gbpsell

EURGBP - Will The EUR Stay As Top Dog?Analysis: Breakout of downwards trend (bullish confluence factor) Break and retest of previous resistance (bullish confluence factor) Fib "golden zone" level (bullish confluence factor) Break and retest of downwards trendline (bullish confluence factor) EUR strongest major currency (bullish confluence factor) GBP 2nd strongest major currency (bearish confluence factor) 40K long position increase for the EUR (bullish confluence factor) 24K long position increase for the GBP (bearish confluence factor) 18K short position increase for the GBP (bullish confluence factor) Comment: Whilst we don't have all of the confluence factors pointing in our favour, the most important ones that we may most attention to are. The EUR looks stronger then the GBP currently as this is what the statistics tell us, which is why we are bullish on this pair. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
4
GBPUSD Short Pattern!GBPUSD create Strong Bearish Divergence with a channel. According to the technical chart, seller will control the market. And there was an unmitigated order block, try to mitigate it! Short From 1.2433-1.246xx SL: 1.249xx 1st TP: 1.225xx 2nd TP: 1.216xx Risk Disclaimer Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organised and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis. Best Regards! Mahfuz Azim
Short
by mahfuzazim_TA
GBP/AUD Sell Entry 2K pips Chart 1/3Sell Limit entry: 1.75500 Stop loss order: 1.76300 Take profit order: 1.73300 *HEDGE(to minimize losses)-simultaneously OPEN a BUY STOP/LIMT order w/ SAME LOT SIZE as initial trade. Hedge position levels: Buy limit/stop: 1.75500 Take Profit: 1.76300 ( T/P = S/L from Initial Trade ) Stop loss: 1.75250 ( S/L = 0-250 pips below Initial Trade Entry level ) *800 pip hedging order. Potential Gains: 2K-2.2K pips Potential Loss: 0-250 pips Risk/Reward Ratio: 2.75/1.00 Avg. Holding Period: 5-7 days ............................................................................. Use the information to assist you with your trading journey. This analysis is just my idea and doesn't guarantee any gains/loss. Leave a comment and follow me to stay up to date on trade opportunities. Safe trading. When finished will post position opportunities for 1hr and 15min timeframes.
Short
by charrison4300
GBP/USD 4HR CHART SET UP SELL THEN POSS REVERSAL FOR BUY Hi TRADERS this is my trade set up for the GBP/USD for the new week ahead GBP/USD I think will drop another leg for a nice sell before rebounding off the RESPECTED trend line support for a push higher, as we know the corona virus new strain OMICRON has hit the UK so that's why I'm expecting a drop for GBP so i am expecting a pullback to the order block zone and will be looking for a sell trade look for pullback to zone lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcome
Short
by Costy13
1
GBPUSD 90 PIP SELLGBPUSD showing great potential for a 90 Pip drop. GBPUSD is currently in an overall uptrend bouncing back from the fall during the peak of covid-19. As you can see we have recently had a new higher high form on the 1hr chart which co insides with the current trend lines stated. Due to this rejection i can see price going further down towards the 0.382 fib level. The reason behind this is that price has responded well to this level numerous times in the current trend, finding good support as well as previous resistance. Furthermore the price in which the TP is set at, we can also see that this supports the paralell trend line, which further makes me believe that price will want to retest this specific area. Price has also recently come under the 50 EMA giving it the potential momentum the trade needs but i would like to see if price rejects this in anyway. RSI(10) has also show and oversold condition along the new higher high and is now currently situated in the middle. TP is set at 90 PIPS and SL and 35 PIPS.
Short
by tradingonthego
2