Get started

Gbpusddaily

GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBP is on the DOWN SIDE. Due to MARKET RISK being ON, STOCKS and all MARKETS including STOCKS may be temporarily UP. It affects the POUND greatly. GBPUSD may be slightly UP. - 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. Accordingly, GBPUSD can go down to 1.2250 LEVEL. And after that, if the TREND LINE is BREAKED, GBPUSD can SELL to the 1.1601 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. So keep an eye on it.
by benny_marshall
GBPUSD D & H1 | PULLBACK | SHORTHello Traders. I hope all are doing well. I will go straight to the point. If we see the daily time frame, we can see that there are two key level at 1.42459 and 1.14023 as well as there are few target points. Price is going toward the target 1 which is at 1.22080 after reaching their, it can go back to the target 3 because clearly it's a down trend and RSI is showing overbuy and there is a key level as well. Furthermore, if the price cross target 3, it may reach target 4. In the other hand it can travel target 2 and after that it can come back to the ground again.
Short
by MT_SABRUL
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for EUR is on the DOWN SIDE. The main reason for that is that all MARKETS including STOCKS and STOCKS are DOWN due to MARKET RISK OFF. It affects the POUND greatly. - Definitely, GBPUSD can fall to the SUPPORT LEVEL below. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. Accordingly, GBPUSD can go down until the 1.1663 level. And after that, if the TREND LINE is BREAKED, GBPUSD can be BUY to the 1.2666 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it
by benny_marshall
GBPUSD gonna longGU create strong bullish divergence! If price will not close below 1.183xx than GU will retest 1.204xx; so its 200 pips opportunity! 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. 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.
Long
by mahfuzazim_TA