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Gbpusddaily

GBPUSD Ready For Bullish Here in GBPUSD, we have mentioned before that it'll fly from the Area 1.2940 & we see this week it has stopped here, making swing which is the crystal clear the sign for fly. For more Clearly i've mentioned the area by a circle from where its buy trade will be taken. This is only Buy Analysis as according to my experience, knowledge & logic it'll not fall. I HOPE YOU WOULD GET AN IDEA ABOUT GBPUSD AS WELL. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer
GBPUSD long opportunity AS I said in the last GBPUSD analysis if GBPUSD breaks the range we will have a good long opportunity on this pair. The previous week I wasn't sure GBPUSD will break the range because there were -9.8k positions on cot data. But USDOLLAR weakness driven GBPUSD to the upside. This week GBPUSD has only -2k positions. So, looking good for our bullish outlook. Now, the market is in daily resistance so look for a long from here. Wait for confirmation on 4H because this break also could be a fake breakout you never know.
Long
by rafi_trader21
Short $GBPUSD against 1.3200Hello Sophisticated Traders, Over trade, last time rallied over 1000 pips and the $GBPUSD has met a potential double top. Though it seems to have tapped out of the downward trend, the pair is extremely overbought on the daily and is due for a pullback. This could potentially provide another 200-300 pips retracement. Only a daily close above the 1.3200 can negate this trade. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia Smith Where we teach you what you need to know to be a profitable professional trader.
Short
by DrLydia
GBPUSD hit Brexit uncertainty, +ve retail sales doesn't help!!The pair has been falling without a single look back since the start of the week, currently trading at 1.2860 (1735 HRS GMT +5.30) dropping to a 7 day low! At the starting of the week (17 - 2 - 2020) made a high of 1.3054, testing the 50 day SMA, and then falling continuously. The pair is currently trading at the minutely falling support line. Amidst Coronavirus outbreak investors headed to safe havens like gold, MIghty Dollar (USD), and Japanese Yen (JPY) leaving other pairs weakened. Other than that GBP was also affected due to the EU - UK fight over deals as well as the Market is not responding really well to the UK migration Policy. Amidst all of this ice Market fell pre-retail sales release and did not recover even though the data was pretty good. On the other had all of these are helping USD gains. As China's Coronavirus brings new surprises every day for investors. USD is supporting and continuing to gain the trust of the market, making the currency stronger and pushing the pair further below. Important Levels: >>GBPUSD has tested the falling 50 days SMA twice, currently finding support at 1.2860. >> If the pair continues to fall below this the next target will be the 200 day SMA at 1.2680ish floor. >> Below this, the pair will find support at 1.2582 and then 1.2382. If you have been holding GBPUSD positions, revise your charts. CHEERS!! _____________________________________ For more details and trades: telegram @ tradingmoore Twitter @ gmoore0715 ______________________________________
Short
by TREND-KEY
3
GBPUSD Week 49Hi traders, We have picked up on volatility from last month' consolidation. Breaking through the monthly R2. On the previous Friday we were looking for bearish plays and saw price test and break the R2 level. This price action was off the back of strong NFP data from the US. However, the bullishness on the GBP supported price. The stochastic is overdone, and it is likely that we will find a new region of consolidation. A break above 131740 is a buy only signal. Below this we look to make range plays between 129760 and 131740. All the best, Aardall
by aardall
GBPUSD All set to crack - Swing short GBPUSD is breaking below the trendline on hourly charts, On technical analysis ground it showing the weakness after a great run up, It can be a exhaustion after a good pull back so losing strength and momentum at this point of time so the weakness will not continue for a longer time and after taking a support it will get ready for the next run up in uptrend. For trading point of view better go with the short position at this level with keeping an stop loss mentioned in the chart and wait for the target, after reaching the target keep trailing for more, In case if stop loss triggers go buy at the same level and then wait for a good run up. All the best!!
Short
by Professor_GS