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Gbpusdidea

GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL until 1.1580 LEVEL. Then you can BUY at 1.2392 LEVEL. So go for GBPUSD LONG ENTRIES. Be sure to pay attention to the UK GEOPOLITICAL STATUS. If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
by benny_marshall
1
GBPUSD Forecast: Positive Correlation On G.U, E.U, and A.UHey trader, As you can see, the price is bullish running in the mini head and shoulders L1 and above the 50 MA, and bullish crossed short-term MAs. The pattern expects a 2-level uptrend, and the MAs are looking forward to retesting the 200 MA (that's visible on the MT4 chart). This bias has been fully confirmed by the bullish break and retest of the Mini Weekly Neckline, 50 and 8 MAs made by yesterday's candle. We'll get the second confirmation once the price has bullishly broken and retested the 1st Daily Key Lvl. If that happens, we'll be on a swing trade. But we might be kicked out of it. The price may dramatically bearish break, close, and retest the Mini Weekly Neckline together with the 50 and 8 MAs, before triggering the 2nd trade. Which this will result in a loss, but only if we took the trade. Oww, about that, do not take the trades because this is not financial advice. I'm just sharing my point of view which you also can do in the comments section below. If you do take the trades and lose, do not blame me but yourself! That's it for today. I hope you found value in this article. If you want to see trade ideas that relate to this one (i.e. E.U and A.U), check the linked articles below. Trade Safe & Stay Blessed, Sphatrades.
Long
by Doji-2k1
20 REASON FOR BUY GBPUSD🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: structural Down Monthly : structure extreamly bear but there are lot of weakness in monthly candle patterns last month is inside bar 😲insidebar😲 current forming 👎doji😲 weekly : a big Imbalance after it prices are going down and down 🥺 so the bigger picture is not clear and in bulls favor 1 Structure analysis time frame :DAILY Bullish ABCD 2 target time frame :DAILY 3 Current Move :IMPULSE 4 Entry Time Frame : H1 4.1 Entry TF Structure: BULL LOWER HIGH 4.2 entry move : IMPULSE 5 Support resistance base :H1 BULL ORDER BLOCK\ 6 FIB: WAIT TILL TRIGGER EVENT 7 candle Pattern: WAIT REVERSAL 8 Chart Pattern: CIP CHANGE IN POLARITY 9 Volume : DRIED RIGHT NOW SO REVERSAL IS EXCEPTED 10 Momentum UNCONVENTIONAL Rsi: sUPER BULLISH ZONE NEED A RANGE SHIFT CONFIRMATION 11 Volatility measure Bollinger bands: VOLATILITY DIVERGENCE 12 strength ADX: SIDEWAYS 13 Sentiment ROC: BEARISH 14 final comment : LONG AT RETRACEMENT 15 : decision : BUY 16 Entry: 1.1260 17 Stop losel: 1.1140 18 Take profit: 1.2044 19 Risk to reward Ratio: 1:7🥰 Excepted Duration : 10🥰
Long
by Optimum369
Looking to SELL GBPUSD Above 1.16We are approaching a nice weekly SUPPLY/SELL zone that starts around 1.16 we actually got an intial reaction at this area last week and I suspect we will go back up to test it again maybe a little further into the zone towards a previous LOW in the current trend at 1.17 which if you look at previous ideas that was the next target after we got the first test and drop at 1.14. I will be waiting for my indicator to give me a signal on the HTF charts to enter a SELL I will target the 1.12 or below were I will then be looking to enter a BUY and run that position up towards the 1.20 areas. Have a read of my related ideas this pair is moving exactly as predicated in those posts enjoy!!
Short
by TheFxAce
1