Gbpusdforecast
GBP/USD POSSIBLE TO BUY........NOW
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 possible short for 1.184011th August daily inside bar, did make new high or low, range confined within the previous bar range. 12th August insurance bar further indication for weakness ahead. 1.1970-60 preliminary support area suspect price bounce from there. Need patience for this support break. Stop loss 1.2160, target 1.1840.
GBPUSD top-down analysis, UPDATED!!Hello 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.
GBPUSD | Perspective for the new weekFollowing multiple rejections of the bearish trendline (daily timeframe); the Pound seems to be initiating a tumbling move after multiple downbeat data releases to set the tone for a possible risk of further decline in price in the new week. In this video, I was able to identify the structure that emphasizes my bearish bias for the week.
Last week's update on the GBPUSD is here 👉🏽👉🏽https://www.tradingview.com/chart/GBPUSD/zAjqJ1C9-GBPUSD-New-perspective/
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DeGRAM | GBPUSD bearish opportunityGBPUSD is approaching a resistance level that has been tested multiple times before.
Price action is moving in the channel.
We expect some pullback from that level since the market has made lower highs and lower lows.
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GBPUSD Sell IdeaFundamentals:
GBP: First CB to officially forecast a recession (4Q22)
USD: Fed members still pushing in hawkish narrative
Technical:
- Currently at a decision point @ 1.22
- Overall downtrend
- Double top forming on key level 1.22
What do you think?
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GBPUSD, GBPCAD and GBPCHF 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.