GBPUSD Long setupGBPUSD is at very very strong monthly demand zone and market will bounce back from here
look for bullish confirmations and buy GBPUSD with your own money management
always remember that patience is the key
Gbpusdforecast
GBPUSD 05/09/2022 to 09/09/2022Price while moving in downtrend it has recent resistance at 1.1600/1.1657 & also creating a new low breaking the previous one. now on a high tf pov price needs to respect 1.1600/1.1657 as resistance if price is to continue to go down in respect to the downtrendline.
And a breakout of the resistance would result in the breakout of the downtrendline leading gj to go for some deepr retracemets all the way to the next major resistance at 1.1755.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.15538
TP: 1.13780
SL: 1.17192
Bias: Short
We are planning a sell trade from current price level.
DeGRAM | GBPUSD psychological level GBPUSD has reached 2 years low levels.
The market is testing a psychological level at 1.5000.
We can see an oversold condition and overextension.
A short term pullback expected.
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GBPUSD Idea H1Here is my view for GBPUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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 ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.15669
TP: 1.13774
SL: 1.17235
Bias: Short
For this pair our bias is short and we are planning a short opportunity.
GBPUSD 31/08/2022Price moving in respect to a very recent downtrendline keeping 1.1651 as its recent resistance. So if price in respect to the recent downtrendline & resistance breaks out of recent low at 1.1598, then price could continue pushing down.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.16179
TP: 1.13717
SL: 1.17569
Bias: Short
Our bias for this instrument is short and we are searching after a short opportunity.
GBP/USD Getting ready for a 250+pips moveTo understand what is happening in price we need to do a top down analysis starting from the monthly time frame. Also it is important to look at what the dollar is doing.
Monthly:
The price is sitting in an important demand zone that has being rejected twice. Also the dollar is strong and has surpassed the supply zone. This scenario could mean that the Dollar could be taking liquidity.
Weekly:
The price has created a double bottom and the price is also over extended. Also there is an M formation , we could expect the price to make a retracement to the neckline to complete the pattern. If we take the fibo from high to low the .618 is in confluence with the neckline.
Daily:
The price is accumulating and over extended. This is a clear sign that the price is getting ready to make the move to the upside.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.17388
TP: 1.15558
SL: 1.18535
Bias: Short
The obvious trend for this instrument is bearish and we have plotted a price projection considering the bearish bias.
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 possible short for 1.1590weekly chart forming lower high and lower low. 22nd-25th August weekly chart broke and close below july 2022 support 1.1760. wait for retracement for short from 1.1815 & 1895 as well for target 1.1590.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.17115
TP: 1.15084
SL: 1.18624
Bias: Short
The obvious trend for this instrument is bearish and so we are planning for a short trade.
GBPUSD possible short for 1.1590weekly chart making lower high and lower low. 22nd-25sth weekly chart broke and close below 1.1760 support area of July 2022. wait for retracment to test supply area for short as 1.1815-30. may short more by 1.1895 as well for target 1.1590.
GBPUSD 30M (waiting for breakout)waiting for a proper breakout of the mentioned zones to look for further trades in the direction of the breakout.
GBPUSD Weekly Chart Analysis From 29 AUG to 2 SEP 2022GBPUSD closed the week with such bearish engulfing move after a retest on a newly formed downtrendline. so if gu is to continue moving down then it should keep on respecting the zone at 1.1939 as its resistance & continue to push down by breaking below 1.1716.
GBPUSD is in Descending Triangle The GBPUSD has formed descending triangle on H4 chart. It is better to look sell opportunity on it.
GBPUSD Chart Analysis 26th August 2022GU should continue moving up if it continues to respect the uptrendline. a breakout of the uptrendline or 1.1796 with bearish momentum would lead the price to coming down again to retest the key level at 1.1796.
GBPUSD and NZDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.18313
TP: 1.16327
SL: 1.19407
Bias: Short
The obvious bias for this instrument is bearish and we are interested in a selling opportunity.
GBPUSD Chart Analysis 25th August 2022GU currently ranging in between 1.1870 & 1.1760. waiting for a proper breakout to look for trades on short timeframe
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.17804
TP: 1.16360
SL: 1.19122
Bias: Short
The pattern of this instrument is displaying a bearish bias and so we search after a sell trade.
