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Gbpusdlongsetup

GBP/USD Long Trade UpdateHey Guys! There was actually a new weekly short trade that formed this week, so the weekly bias remains long however, the target has changed to 1.3750. Moreover the Entry level at 1.3313 and the Stop loss at 1.3163 does not change. Furthermore, we got some waning of short term short strength with the Break Out of a downward 1H trendline and no immediate break back in. So for the time being, I'll still be watching for some short term short strength to kick back in. So I can get a pullback to the long entry point at 1.3313. Have a great day guys! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
1
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/USD TREND ANALYSIS 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 that were respected. 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
by husseindergham
2
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS) We have 1 Internal Uptrend in green color 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 that were respected. 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
by husseindergham
4
GBPUSDAs i said in the last week GU reached my No. 1 target and was almost close to reaching the 2nd! in the next period I will wait for a strong retest movement and then ... I will continue SELL until my target no.2 from where ... I will reanalyze the whole situation THIS WEEK...exactly as I said ... GU also reached my number 2 target and made 800 of the 800-1000 pips predicted a few months ago this week I expect a retreat move to target 1 and from there ... DOWN AGAINS to 1.30 However ... a closure even for 1 day over the number 1 target means a new range in this area NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
4
GBP/USD Technical Analysis.Currently, GBP/USD is trading at 1.3821. The price is moving in sideways trend from last 1 week and can consolidate in the same range before breaking resistance and support level. The pair may start a new down trend if it breaks the support level at 1.3740. As the pair was moving in up trend from some time and there is a lot of fule left in the pair to touch its strong resistance level at 1.3955. If the pair starts a new up trend by breaking its resistance level at 1.3836, then its first target price will be at 1.3892 and second target will be at 1.3955. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5