Gbpusdchart
GBPUSD on a consolidation zoneThe pair may either rally or drop from the consolidation point and make a good move from that zone but only after a retest. The consolidation channel has been valid in one week, one day , 4hr , 2 hr and 1 hr tfs a clear confirmation that the trend is building strongly
we apply WBT (WAIT BREAK TRIANGLE) and retest and either short or long it depending on the side the break out occured
GBPUSD W4 Mar 2022GBPUSD
Long Setup
GBPUSD has formed an inverted head and shoulder. Price has broken up and out of the neckline and has retest it. The target may set as 1:1 to the distance of the neckline to the head, alternatively, it may also set at a resistance/order block as shown in the chart above.
Safe trading~
GBPUSD time for LongGbpusd is at strong support level daily and weekly tf 1.3570 which has potential to bounce it back to 1.40 levels as we are still above ma 50 if it fails next buying zone will be at 1.3425. i will be only looking for longs from these levels but if we go below 1.3540 and h4 or daily close below it short for target 1.3425 and later long on those levels (1.3425) but if we fails at 1.3425 to hold again go for short if daily or h4 close below 1.3420 for target 1.3290 but if we hold on those supports nicely it will play beautful long ... Good luck
GBPUSD analysis on the daily chartFirst: It is in an uptrend, meaning that the general trend is buying.
Second: It broke a continuation triangle, and its targets are 1.39851 - 1.41029.
Third: The formation of double bottoms, and if it breaks through the neckline 1.39013, its target becomes 1.41029.
Fourth: All of this, provided that it does not break 1.38246.
[GBPUSD W1 Apr 2021]GBPUSD
Long Setup
Continuation trade:
👉🏻 Overall bullish bias on GBPUSD. Recent price movement clearly provides us with a corrective scenario, either a ABC corrective or a more complex WXYXZ which is yet to be completed. If price were to form the final corrective wave of Wave-Z , we could see price to reach 1.35500 area, or even 1.35000. Previous significant highs have also not be broken, hence further movement will be observed.
GBPUSD WONT STOP THIS MONTH!! JUST TRAILERTHIS IS JUST PREDICTED TRAILER MOVE as this time i think GBP will continue its move to 1.40
I WILL POST MONTHLY IDEA AFTER SOME CONFIRMATIONS FOR NOW WE CAN EXPECT IT TO DROP FEW HUNDRED PIPS BUT ENTER ONLY AFTER RETEST
PLease like and follow also share feedbacks if you want exact entry points write in comments i will help you with it