Gbpusdforecast
GBP/USD Waite To Nick Line Breakout Then Sell....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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GBPUSD | Perspective for the new week | Follow-up detailsThis is a follow-up video to my previous analysis on the GBPUSD where we close the week with over 300pips profit (see link below for reference purposes). Since the price tested the $1.14000 area during the latter part of last week, we observed selling pressure which gives us a clue into the strength of the sellers at this juncture in the market. Despite expecting selling opportunities in the new week, I will keep an open mind as a possible bullish continuation is very possible from this juncture in the market.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD | Perspective for the new week | Follow-upI still can not upload videos here on Tradingview; So for the GBPUSD video kindly visit my youtub channel for details. Please note that I will be dropping updates on this analysis in the comment section of this broadcast in the new week. Cheers!
As inflationary pressures loom on the UK economy, the Bank of England Governor is hinting at their willingness to raise interest rates to meet the inflation target. How are the participants in this market going to react to this statement in the new week?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.13705
TP: 1.16921
SL: 1.11020
Bias: Long
The zigzag price pattern of the current set up is denoting a weaker trend in the market. As we do not see any strong price pattern here, we cannot forecast any strong price projection. However, our main strategy is to avail opportunities from short term price fluctuations.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.12976
TP: 1.15905
SL: 1.10977
Bias: Long
For the instruments related to FX pairs, our core focus is in dollar strength. As we see dollar is quite powerful for several months at a stretch. The tempo of dollar is never declining but the traders must be careful in dealing with mercurial price fluctuations all along the price trajectory. Our bias is solely dominated by short term momentum and price action for this pair and we anticipate a price move according to our projection.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.11921
TP: 1.07841
SL: 1.14958
Bias: Short
The movement pattern of price across all pairs is going through a phase of bearish attack. Because of upcoming depression as is predicted by IMF and World bank, the global financial crisis is looming around which will have direct impact in many markets including stock, currencies ,crude and other major verticals. Our projection here is based on recent price oscillations and short term impulsive opportunities.
GBPUSD forecast and idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.111
TP: 1.132
SL: 1.108
Bias: Long
We are bullish for this instrument as price is oscillating between two extremes, there is a possibility of moving upward.
GBPUSD sell zone on spike!!GBPUSD 4h has formed a bearish price action preparing for a drop to test the neckline of the reversal pattern. As the price is approaching a daily support zone, it is a high probability price will break the previous day's high, grab liquidity, and will continue to drop in the direction of the major trend. Upon price action confirmation, a sell trade is highly probable during the spike.
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GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.10860
TP: 1.07896
SL: 1.12855
Bias: Short
The possibility of phenomenal price swings is meagre. We do not see any significant bias in either direction but we want to exploit some sweet spots from the low volatile market conditions. Considering trend, momentum and various fundamental factors, we have decided to project the depicted projections.
GBPUSD | Perspective for the new weekThe U.S. dollar plunged as the Pound sterling graduated to near one-week highs which appears to be a result of the intervention by the Bank of England and announcing emergency bond buying. Despite a solid bearish momentum which has characterized this market since the beginning of the year, I am of the opinion that we might be witnessing a temporary bullish momentum in the new week which could turn out to be a retracement of the bearish impulse leg.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.12664
TP: 1.09349
SL: 1.15489
Bias: Short
The price movement structure of this instrument is not very strong for any sort of directional bias. The dynamics that move the market lack significantly in current price context. From our projection we have decided to use the current set up to cope with the current trend.