Gbpusd_forecast
Long Position on GBPUSD-4HHello Traders !
This is the GBPUSD Technical Viewpoint in The Short Term .
GU is moving in a buy direction from the current level to the resistance region indicated in the above chart.
Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
GBPUSD 02/09/2022Price has a strong resistance at 1.1619 which it needs to make a breakout of to break downtrednline & start going for some deeper retracements. But as long as 1.1619 is respected as its resistance and price makes a breakout of the previous low at 1.1502 then price might continue to go down creating new lower low.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBP is on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be DOWN due to MARKET RISK OFF. It affects the POUND greatly. GBPUSD may be slightly UP after this DOWN.
- Definitely, GBPUSD can go up to the high RESISTANCE LEVEL. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. But GBPUSD can go up to 1.1854 LEVEL.
And after that the market can go DOWN, GBPUSD can SELL to the 1.1500 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
Sterling bull setupHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPUSD
We can see a market break its strong support in D1. but weekly candle is running and FED and GBP rates are ahead tomorrow.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
GBPUSD possible sell zone!!GBPUSD on 4H has created Doji on the retest of the previous resistance. We have already seen a reversal pattern has been created on the monthly resistance and the price may continue its long-term downtrend as the local up-trending market structure is broken.
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GBP/USD POSSIBLE TO SELL........NOW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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GBPUSD - Short | Downtrend to continue, see recent sell zones.GBPUSD - Short | Downtrend to continue, wait for pull back to recent sell zones.
Entry Attempt1: 1.18785 sell zone.
Previously came to this level and faced rejection as well as being a previous support area.
Entry Attempt2: 1.19146 sell zone.
another area of recent resistance
Take profit: 1.18147
At previous support levels.
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.
GBPUSD - 4hOverall trend is downtrend, and I am looking for a sell position.
We should wait and see what will happen.
There are 2 possibilities:
1. (Green line)
Price increases the supply zone, then drops. Besides, supply and Fibo 78.6 are overlapped.
2. (Red color)
Price increases and reaches the support zone, then drop. Supply zone in between Fib 61.8 & 78.6.
(DO NOT ENTER WITHOUT ANY CONFIRMATION)
GBP is ready to strong against USD after Fed.Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPUSD
We can see a market break its strong support in D1. but weekly candle is running and FED and GBP rates are ahead tomorrow.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color which we are currently Breaking.
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBP/USD. Short-term recommendation - short.The GBP/USD, bounced from the low of 1.21552, reached a significant level around 1.26400. There is a rising wedge pattern, accompanied by a divergence of the MACD indicator is observed on the H4 chart. Our trading strategy indicators also show "weariness" of buyers. We expect the GBP to fall in the next few days and the working out of the wedge figure.
How to trade.
Sell GBP/USD in short with limit orders in the range of 1.26650-1.26700. Target ranges for closing trades: 1,24100-1,24200; 1,23350-1,23550; 1,21500-1,21600.
GBP/USD POSSIBLE TO SELL ........NOW
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
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GbpUsd- Where to sell?Since the recent 1.2180 low, GbpUsd has risen nicely and now the pair is trading at 1.2640.
However, the long-term trend for the pair is grossly bearish and the pair now is facing strong resistance at the 1.27 zone.
Also, the rise from 1.23 is contained in a rising wedge and this can lead to a reversal.
My sell zone for GbpUsd is around 1.27 with negation above 1.28 and I expect a new leg down in the near future
GBPUSD Gonna Test Bearish TrendlineHello, everyone!
From last week POUND try to pullback the bearish channel, And surely we’ve taken the bull ride! Remember market speculators are still bearish they will be adding more shorts add in pullback and there will lot of liquidity waiting 1.275xx range! So trade safely with risk management and surely with a plan!
Remember, there is no place for luck in trading - only strategy!
For best result in trading follow these rules for best result!
1. WHAT IS THE OVERALL TREND? PRICE ACTION WILL GIVE YOU CLUE!
2. . IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
3. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
5. AND MUST CHECK THE DIVERGENCE.