GBPUSD - Daily Trade Idea - 16-Sep-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
Gbpusddaily
GBPUSD - Daily Trade Idea - 15-Sep-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD - Daily Trade Idea - 14-Sep-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD - Daily Trade Idea - 13-Sep-22GBPUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD 12/09/2022GBPUSD just created a new high at 1.1695 after breaking out of the previous resistance at 1.1642 while moving in respect to a new formed uptrendline and it also has a key support zone at 1.1605.
Now if price continues to respect the support zone at 1.1605 and makes a breakout above the recent high at 1.1695 then it could continue to push up to the next resistance zone at 1.1753 while moving the newly formed uptrend.
GBPUSD - Daily Trade Idea - 12-Sep-22GBPUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD - Daily Trade Idea - 9-Sep-22GBPUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD 08/09/2022Price after a retest on the low from 2020 at 1.1411 faced storng price rejection. now price has a resistance at 1.1537. so if price makes a breakout of the resistance while respecting the low at 1.1411 as support then price could continue pushing up to retest the next resistance at 1.1606.
GBPUSD - Daily Trade Idea - 8-Sep-22GBPUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD 07/09/2022gbpusd currently facing resistance at 1.1465 & support at the new low it made at 1.1405. so if price continues to respect 1.1465 as its resistance and makes a breakout of the recent low then it could continue to push down creating lower low.
However if price finds support and makes a breakout f the resistance at 1.1466 with bullish move then price might go for some retracements all the way to retest 1.1520 & also make a retest at the htf downtrendline.
GBPUSD - Daily Trade Idea - 7-Sep-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD 06/09/2022The price is currently ranging in between 1.1601 & 1.1503 creating a new resistance & support. so if the price makes a breakout of the resistance then it could push upto the next resistance at 1.1648 on short timeframe pov. and if price even breaks & closes above 1.1648 on higher tf pov then price might push all the way to 1.1752 & would be breaking out of the downtrend and shift towards an uptrend.
However, if price respects the resistance & breaks out of the support at 1.1504 then it could continue to push down to the previous low at 1.1443.
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 higher SUPPORT LEVEL. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. But GBPUSD can go down till 1.1300 LEVEL.
And after that the market can go UP, GBPUSD can be BUY to the 1.200 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it. gbpusd
GBPUSD - Daily Trade Idea - 6-Sep-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD 05/09/2022Price facing recent resistance at 1.1524 & made new low at 1.1448. if price makes a breakout of recent resistance, then it would be a breakout of the recent downtrend & price might continue to go up all the to retest next resistance at 1.1601 & also make a retest on the htf downtrendline.
But if price finds strong resitance at 1.1524 & breaks out of recent low then gu might continue to go down creating new lower low.
GBPUSD - Daily Trade Idea - 5-Sep-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
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 Gonna LongGU create a classical bullish butterfly pattern with Strong Bullish divergence. So, i anticipate GU 400pips long opportunity!
GU Support Immediate Support : 1.153xx If not Honoured then GU gonna 1.144xx. And Surely GU long long from these Demand zone! Happy Trading with money management.
DISCLAIMER
Remember, there is no place for luck in trading - only strategy!
This analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions. We are the only one person who is responsible for our physical, mental health, relationships, success, and money in our lives. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this idea. Here i anticipated as price action, do not constitute investment advice, Because i'm not your financial advisor. The author of this analysis does not accept liability for any loss or damage.
GBPUSD - Daily Trade Idea - 1-Sep-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD - Daily Trade Idea - 31-Aug-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPUSD 30/08/2022Price could push to 1.1794 if breaks out of 1.1758 as part of deeper pullback in respect to the downtrendline and then continue to go down. but if even breaks out of 1.1794 then it would be a breakout of the downtrend and shift to an uptrend.
And if price makes a breakout of the recent support at 1.1684 then price could push further down by breaking below the previous low at 1.1650 to create new lower low. so you look for sells when that happens.
GBPUSD - Daily Trade Idea - 30-Aug-22GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.