GBPUSD: Short Term ReversalsThis pair is displaying signs of slowing down in this region.
We are also seeing minor shifts on the lower time frames which suggest bulls may grab the price here.
It would be nice to manipulate the break and retest selling region before we continue lower.
My goal would be to buy into our target before we continue with sells.
NOTE: Price could reject either order block before upside continuation.
Gbpusdidea
GBP/USD Running In 75 Pips Profits , New Update Here This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
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GBP/USD Full Analysis , 2 Setups In This Analysis Video This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/USD : PRICE ACTION ANALYSIS ON DOWNTREND SCENARIO | SHORT !Welcome back Traders, Investors, and Community!
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GBPUSD , Its time to buy ...Hello everybody
In here we were in downward trend but the trend was change to upward and now we are ready to jump toward the target
We made reverse head & shoulders in the bottom of the price and in other view of technical we have a key and the trend was changed to upward and now its time to jump and make new rally
Dont forget check the chart in multi-time frame and take signal like hammer or ... then take buy position
Dont forget use stop loss guys
If you have and question ask us
Good Luck
Abtin
GBPUSD: Trendline TrapsThis trendline is creating obvious liquidity that needs to be purged.
The false bearish lure move of the morning suggest sellers have been trapped and therefore need to be stopped.
When they get stopped out I will look for a solid retracement to go long with the team.
What do you think of this idea?
GBPUSD: Time for Reversals?Price pushed down and aggressively wiped out a significant previous order block on the hourly timeframe.
This may now give buyers the opportunity to switch the trend.
We can ONLY take this trade if we see a BOS as illustrated.
Once we get the BOS and the equal highs are broken, we could look to use the new demand region for buys.
If we don't see this, then the trend must be respected and sells remain valid.
There's room to move up for the GBPUSD.The pound dollar looks like it has room to move up and continue in its consolidation range after the UK announced no change in their interest rates. Unless there's a black swan it is unlikely that the pair will give us any direction.
BULL CASE
Price to go straight up from here to test 1.38 at the top of the channel.
BEAR CASE
Price corrects farther down to touch bottom of the channel before moving up.
PS: There's meat in this trade, you can afford to enter half the amount you're willing to risk and set up wider stop and deploy the other half when it reaches the bottom of the channel. Don't risk more than 1% of your account in this trade.
GbpUsd- 1.4 is still my targetAs I said in my previous analysis, I expect GbpUsd to reach 1.4
Although the price has dropped hard on Friday, the bullish structure is still intact and at this moment Cable is close to the 1.36 important support.
I will look to buy near this support with mentioned target
GbpUsd under 1.35 would negate this bullish scenario
GBP/USD - Buying opportunity, close to oversold areas😋Technical Overview: - GBP/USD
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