Gbpusdbuy
GBPUSD at Strong Support. Go Long For Near TermThe chart here shows that GBP is currently at a strong support level of 1.24800 level. This support level has been tested as past resistance levels for at least 5 times in recent times. When such a support level is being tested, the pair does hold a good chance of bouncing back. I would set the TP level at around 1.25200 levels.
GBPUSD Exiting the Consolidation (BUY SIGNAL)Signs of Bullish GBPUSD
-This week's candle did not break previous low
-Previous week candle break previous high
-This week's candle is a retest
-Strong GOLD
-4 hour candle been testing the resistance at 1.2370
-Weak US economy (DOWJONES index)
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GBPUSD Easter Bank Holiday Monday BUY !!!!!!!My specialist indicator was giving a 3 star BUY trade this morning. We have a clear break of resistance (green trend line) as the price pushes through on an ascending triangle to higher ground.
First obvious target is WR1 resistance at 1.2580.
Looks a good thing this with Dollar Index under 100 and a fair bit of GBP strength about.
GBPUSD Bullish. Waiting ...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.,,
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GBPUSDGBPUSD has been moving greatly in an upward trend. I have already entered but I would suggest taking a look at the 4-hour chart and once it drops down to the support buy-in. I' am holding for the long term that is why the profit to loss ratio is very high but once it shoots up I will close some profits and move my stop loss to break even. Again be careful when you trade I' am only giving my analysis on the markets. Thanks, and please leave a like follow and feedback.
GBPUSD - SWING - 06. APR. 2020Welcome to our daily trade setup ( GBPUSD )!
-
1 HOUR
Strong reaction from 1.22 support area.
4 HOUR
Price broke back into main trend and PA with strong pressure.
OVERALL
Looking forward another push to the upside after we pullback to 1.22840!
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FOREX INTRADAY
BUY GBPUSD
ENTRY LEVEL @ 1.22840
SL @ 1.22150
TP @ 1.23800
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPUSD Weekly OverviewGBPUSD we had a boring week for the long term traders but nice good range for the scalpers
If GU failed to break back inside the range there is a possibility that we see another return toward this area,1.2100 it could be a possible support area for next week .so if that doesn't hold then the next support will be neckline 1.8700.
***Comment your thoughts down below!
GBPUSD - INTRADAY - 03. APR. 2020Welcome to our daily trade setup ( GBPUSD )!
-
1 HOUR
Bullish pa comming up, looking for a push to the upside.
4 HOUR
Sideways moving market, high chance to push towards highs.
OVERALL
Range trade, market moving in a s/r zone.
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FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.24000
SL @ 1.23560
TP @ 1.24610
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
The confluence of Lower TL Support and 100H EMA (Possible BUY)GBPUSD is consolidating in the hourly chart for the last 5 to 6 days.
However, it seems like the consolidation phase is about to end very soon.
Since the trend has been up for the last two weeks, placing Buy trades when the price drops seem like a better choice.
I am looking at the confluence of 100H EMA + Lower TL Support as a possible buy entry.
Based on Bullish price action in the Lower TFs, I am looking to buy at 1.2340-1.2360 with SL below 1.2250.
TPs will be placed at 1.2450, 1.2600 and 1.2870 respectively for multiple trades opened.