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.
Gbpusdforex
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 Short SignalsTime Frame: 4H
Symbol: GBPUSD
Bias: Short
Considering the dynamic support and resistance, we are going to short GBPUSD. The obvious factor is the lack of market volatility due to seasonal and fundamental factors. However, we can expect a small move from the current price projection.
GBPUSD Short SignalsTime Frame: Daily
Symbol: EURUSD
Bias: Short
Cable is going down as we see a clear down trend from the dynamic resistance generated from the simple moving averages of 30,50 and 100. As we are totally biased for short, we project and plan a short trade but there is also a scope of strong very short term upward swings. As a wise trader, a proper money management is necessary to avail the opportunity if reward risk ratio is wider.