Looking at the 4H chart in GU is the uptrend, I assume after making an uptrend pattern and already breaking the main support I'll take the long trade
Symmetrical Triangle Price is above moving average 200 Uptrend
GBP USD Rally until 1.24 then Sell before CPI Release data !! have a good week stay profitable !!!
An extended 5th wave is coming to an end soon. We would recommend you to start buying at market and add positions at 1.2260/40 and 1.2160/40. Take profit orders should be placed at 1.2600 and 1.2650.
GBPUSD Weekly Forex Analysis & Trading Idea for 4th - 8th October 2021
So yesterday I created an idea on GBPUSD heading to the upside after using a major supply and demand level for support. After a long wait and over London session it has gone up 80 pips so far since making the move! Happy trading folks, and God bless!
Hi friends. Lets look at GBPUSD chart window. we have a picture when big part of investors are scared... they dont trust its long. And at any downward part they close they longs.. exchange bought it. So my opinion strong long to 1.3783 and upper. Also this tendention its actual if we include in analysis previous situation when exchange purchase big volume of GBP....
Market looks ready for some upside for the day. Channels broken for upside and trade confirmed. Trade at your own risk, analysis purely on technicals.
Pair : GBP/USD TF : H4 Target : Buy RR : 1/7 Entry : Buy Limit at SWAP ZONE DEMAND Exit : At the last Swing High for TP, Premature Exit TP : Price counter break Mid BB SL : Below SWAP Zone Demand Remark What i see that current price now are making compression to clear the...
Scenario 1: Confirmed break and retest of 1.30 will target 1.34 Scenario 2: A pullback toward and test of previous support at 1.2770-50 region before the next leg up. This will also create an inverted H&S formation on daily and a stronger push upto 1.34 region and beyond.
Ok so gbp was acting up today not gonna lie, but thats ok ,we gonna make our pips regardless. My idea is more on the long side although i have a set up for either side; heres why: ] - Had a massive push upwards this morning - Price is being supported at the lower level i have marked - Price has been stubborn to go down today, yet...
Note: DO NOT FOLLOW THIS TRADE BLINDLY! Hi traders. Retest of the blue zone to ride it up. Could look to swing this into next week if the economy begins bouncing back up. Fundamentals wise, the UK economy is opening up so Sterling should strengthen against other currencies. Seen a two day cable sell off, approaching a possible reversal. Awaiting a possible...
GBPUSD 4hrs TF analysis, trend is still going up, we're having a BUY opportunity right now because a trend-line has been retested.
small uptrend (retest on the trendline) @ 1.24807 (possible to make a pending order around this price)
Here is my analysis for this pair. After a pullback, i think we should wait for a new Higher Low for a entry for a Long trade.
This is going to be a bit long one i think. I have multiple entries for this trade. First one is Limit buy order at 1.18240 and the other one is BUY STOP above 1.2805. This is weekly chart so stop loss is going to be huge. BUY STOP order has 880 pips stop and BUY LIMIT order has 400 pips stop 1. ENTRY: 1.18240 BUY LIMIT 2. ENTRY: 1.2805 BUY STOP SL: 1.14226 400...