GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS)
We have 2 Downtrend in red color (LONG TERM AND INTERNAL TRENDS)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
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Exercise Proper Risk Management
Gbpusdforecast
GBPUSD 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.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.35635
TP: 1.37186
SL: 1.34374
Bias: Long
For GBPUSD we are more interested in going long as the current overall market sentiment indicates a long bias. A closer look into the price patterns reveals a long bias considering the recent price action ,trends and dynamic support and resistances.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry : 1.35154
TP : 1.37376
SL : 1.33787
Bias : Long
An objective study of the chart and various timeframes show that the bias is bullish and there is a possibility to go for a good long trade. Any trade should be taken carefully and the trend drawdown may be significant, precaution must be there.
GBPUSD 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.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Uptrend in green color (LONG TERM AND 2 INTERNAL TRENDS)
We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPUSD, Further Crash or Ready to Take Off?Hi, Let's take a look at GBPUSD
1/2
Sterling Has broken and Retested Rising Wedge
W & D candle closed above 1.34 strong support
zone indicating no further Bearish momentum.
However, FOMC interest rates make Dollar's
recovery and we might be able to see some strong
movements in upcoming months also.
2/2
After breakout, GU seems to be retesting
inside Rising Wedge .
GU retested at 1.34 but further decline is
expected.
If M candle closes above 1.34 zone then
there's possibility of Bullish Momentum.
Don't forget about OMIICRON'S manipulations.
We might see some crashes same like COVID 19.
GBPUSD | The best scenario for climbing📝Hello traders , GBPUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
Based on the previous wave count, we came to the conclusion that we are in a leading cycle.
From this structure, the five waves of waves 1, 2, and 3 have been completed and completed, and now what is the difference between the analysts is the end of wave 4 and the beginning of wave 5, or still inside wave 4.
In our opinion, according to our count, wave 4 has been completed and now we are in the wave of wave 5.
The first wave, wave 5, with the defeat of the channel, confirmed the downward trend for the formation of the main wave 5, and now it will probably hit the pullback channel to continue the upward trend of the price, which will be related to wave 4 of wave 1.
Wave 4 starts the correction and forms its first wave, wave a, and now an ascent and a descent are needed to form waves b and c of this flat pattern.
Wave b is confirmed when the black trend line is broken upwards and the end will be before the beginning of wave a.
But if the Fibo 0.618 for wave 4 is completely broken, a further decline is likely to occur, and this decline is either related to wave 2 of the original wave 5 or the continuation of the corrective wave 4 trend.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
GBPUSD 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.