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Gbpshort

GBPUSD 4hrs bearish ProjectionAfter a major impulsive phase last week where we bagged some pips. I expect a little pull back at this support level and i have also marked my entry zone. But if price breaks the support and continues to move downward, i will wait for a pull back re-adjust my entry and find a sell position. GBPUSD is bearish on higher time frame, i'm just basically looking for short opportunities for now. However market conditions can change anytime What's your thought on this? please like and comment below
Short
by Popeson
GBPUSD 2hr Time Frame (22/02/22)While I am currently bearish on GBPUSD in the short term after it broke below the support trendline on the daily timeframe, the price has also pulled back and retested the breakout zone. However, there doesn't seem to be enough selling pressure to push the price down further at the moment. I am anticipating more bearish impulsive selling in the coming days. However, if buyers continue to push the price higher, this would invalidate my prediction. What are your thoughts on this? Kindly like and share your comments below.
by Popeson
2
GBP/USD grinds higher, but bears eye break of 1.20US producer prices, manufacturing and housing data in focus No miracles will be expected for US housing data given the Fed’s hikes, but it will be interesting to see if the Philadelphia Fed Manufacturing Index contracts at a much faster pace, like the NY State Empire equivalent did yesterday. And with US retail sales hitting a near 2-year high and inflation hotter than expected, all evidence points towards a soft landing for the US and a case for more hikes. And that view could be bolstered if US producer prices come in hotter than expected today – and it could further support the US dollar on hawkish bets. GBP/USD 1-hour chart: Whilst GBP/USD has dragged itself from its post-CPI lows, key resistance looms and momentum could favour further downside. Yesterday’s soft-than-expected inflation report for the UK came as a welcomed surprise, which helped the pound quickly erase all of Tuesday’s hot employment gains. After briefly trading below 1.20, GBP/USD has produced a countertrend move in the form of a potential bear channel / flag. Given the relative hawkishness of the Fed and strong US data, my bias for GBP/USD to break below 1.20. So I’m now looking for evidence of a swing high around or below the weekly and daily pivot points (a break above which invalidates the bearish bias). Note that the downside band of 1-day implied volatility is just beneath the daily and weekly S1 pivots, and the downside band for 1-week IV is just below 1.1800.
Short
by CityIndex
1
GBPAUD GA Doble TopGBP/AUD BEARS are getting stronger On currency strength charts, GBP is still weak; while AUD exhibits bullish pressure, positively correlated with Gold surging toward 1900 levels. If the neckline breaks and holds as a new resistance the 1.7 / 1.65 area is very possible =========== * If you like this idea please leave a comment so we can talk about it * Remember that it´s never a straight line to the target. * BIG profits to you ALL!!! === I am grateful to have been taught by God and myself on trading. My money grows every day.
Short
by Memo_Mountain
2
GBPUSD sell ideaAs you can see from our chart we have 2 possible zones for GBPUSD to either reverse or pullback from... same rules apply to all and along with pairs, we have a bullish move so dont expect it to reverse without showing us a clear reason for it to do so... by hitting our higher zone we will testing a daily/weekly POI so we will 100% see a reaction of some kind! BUT be careful with how you trade this and remember not to hunt that trade you want to take.....just follow what price is telling you! most inner structures are locked in so we only have our expansion move left to reach out to or untouched areas! watch and react accordingly! If you like this idea show us below HIT THAT LIKE & SHARE BUTTON
Short
by PipSurfingSociety