Gbpusdforex
GBPUSD NeutralTime Frame: 4H
Symbol: GBPUSD
Bias: Neutral
The current price pattern of this pair is showing a weak market condition. The dynamic support and resistance also not displaying any edge to go for a strong trading opportunity. Considering the current volatility and the oscillations in the market , we have tactfully projected the trade set ups.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.15283
TP: 1.12535
SL: 1.17090
Bias: Short
The price pattern of this instrument is suggestive of a range-bound and low volatility set up. We are not very optimistic about any strong directional opportunity. We have projected in the chart according to impulsive move structure.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.15166
TP: 1.12864
SL: 1.17090
Bias: Short
We have no major directional bias. Dollar will remain strong in spite of all difficulties. We assume that the dollar will strengthen further and the other currencies related to it will decline in recent weeks.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.15418
TP: 1.12550
SL: 1.17394
Bias: Short
The price pattern of these instruments is getting more range bound and offering less scope to take a bigger or bold directional steps. The price levels are hardly getting broken due to lack of fervor in the market. Our goal is to seek opportunities from the inefficiencies that exist in the market.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.15863
TP: 1.12968
SL: 1.18391
Bias: Short
The current price pattern of the forex pair is denoting a paradigm shift because of recent price fluctuation. The study of recent support and resistance proves that the course of price action will abide by our projected trajectory.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.15719
TP: 1.12851
SL: 1.18126
Bias: Short
The dynamic support and resistance of the instrument is showing a possible price drive towards the projected area. We are more interested in the spots that we have drawn on chart and trying to align our goals according to projections.
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 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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: 1.111
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 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.