GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gbpsudshort
GBP/USD Short TradeHey Guys!
The current GBP/USD Daily Bias is short. Or in other words, price is likely to reach 1.3049 before reaching 1.3298.
So I'm currently waiting for a pullback so I can take a short entry.
In this video I explain the reasoning behind this setup as well as the stop loss and target levels I will be using. Moreover, what I will be looking for in terms of confirmation of the legitimacy of this short setup.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
GU, Buy to sellGU, Looking for a buy to sell. Once price breaks above consolidation/no trade area then retest as support with rejection we can take price long into resistance for 100 pips. If and when we get rejection at this area we can sell price back down to the support and to also make a lower low for 200 pips and to make a double bottom
Overview: GBPUSD Road to 1.27After GBPUSD failed to maintain the hype and the gains, since then gbpusd was forming huge downtrend pattern. Price prediction of a pair like this is difficult since most of the indicators are showing fake trend, and that is why you cannot depend on one indicator to determine the direction of the market. Out 1 of 5 indicator I used; one only was showing that GBPUSD was going down in the last couple days. If GBPUSD breaks the 1.29 support no one can stop it from going down to 1.27.
Note next week we expecting the US and China tariff waiver agreement which will make the dollar stronger.