GBPUSD 19/09/2022the price current moving facing support at 1.1352 & resistance at 1.1445 while moving in a downtrend channel. now if price respects the resistance & closes below the support, then price continue moving in respect to the downtredn channel creating new lower low.
And if price breaks out of the resistance then it could go for some retracements & possible short trades would be invalid.
Gbpusdprediction
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be DOWN due to MARKET RISK OFF. It affects the POUND greatly. GBPUSD may be slightly UP after this DOWN.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. But GBPUSD can go down till 1.1221 LEVEL.
And after that the market can go UP, GBPUSD can BUY to the 1.2003 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it. gbpusd
GBPUSD possible short for 1.184011th August daily inside bar, did make new high or low, range confined within the previous bar range. 12th August insurance bar further indication for weakness ahead. 1.1970-60 preliminary support area suspect price bounce from there. Need patience for this support break. Stop loss 1.2160, target 1.1840.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBP is on the DOWN SIDE. Due to MARKET RISK being ON, STOCKS and all MARKETS including STOCKS may be temporarily UP. It affects the POUND greatly. GBPUSD may be slightly UP.
- Definitely, GBPUSD can go up to the high RESISTANCE LEVEL. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. Accordingly, GBPUSD can go down to 1.2250 LEVEL.
And after that, if the TREND LINE is BREAKED, GBPUSD can SELL to the 1.1601 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. So keep an eye on it.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color .
We have 1 Downtrend in red color (Long Term)
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).
White Levels are levels from my past ideas published (Last 4H Support published yesterday) or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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GBPUSD key reversal and insurance bar dictation for long 1.2470#gbpusd, 13th-17th weekly key reversal bar, last weekly bar 20th-24th bar is insurance bar both weekly bars dictating upward move ahead. until hold insurance bar low suspect bullish. split risk into two trades, buy 1.2480 and 1.2420 with stop loss 1.2220. if fails then can take another chance from insurance bar low i.e 1.2165 with stop loss 1.2140 for target 1.2470.
GBPUSD probability long for 1.2480#gbpusd, monthly and weekly charts bearish. In Daily chart 15th June formed inside bar confined within the range of the previous bar, did not breach previous bar low, closed off the high. 16th June daily bar breach previous day inside bar high which confirmed strength for coming days. First supply zone 1.2210-2155 for long if fails to hold then next level for long is 1.2045-1995 for target 1.2480.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color which is currently broken.
We have 1 Downtrend in red color (Long Term)
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).
White Levels are levels from my past ideas published (Last 4H Support published yesterday) or levels that were respected from the past.
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
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GBPUSD : Current Situation & Technical , Fundamental View- DXY is currently at 101.668 LEVEL. Also the GBP FEATURE stays at 1.2573 LEVEL. GBPUSD PRICE is slightly higher than DYNAMIC S / R LEVELS. Maybe Sell to DYNAMIC S / R LEVELS before another UP. Then most of the time the PRICE can be sold in the form of STRUCTURE.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly MIXED RISK Tone. VIX INDEXES DOWN. But they can be UP. Also COMMODITIES now shows a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Friday.
- GBPUSD PRICE can be UP to 1.2861 LEVEL before DOWN. After that it can be DOWN to 1.1950 LEVEL. According to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. Then GBPUSD UP to LIVEL 1.2861 can be USD if a NEGATIVE SENTIMENT is received. FED UPDATES are very important for that.
GBPUSD : Current Situation & Technical , Fundamental View- DXY is currently at 104.43 LEVEL. Above the DXY 100 is a very good STRONG condition. Also the GBP FEATURE stays at 1.2227 LEVEL. The GBPUSD PRICE has gone below the DYNAMIC S / R LEVELS. Maybe DYNAMIC S / R LEVELS can be UP before moving further. Then most of the time the PRICE can be sold in the form of STRUCTURE.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly MIXED RISK Tone. VIX INDEXES DOWN. Also COMMODITIES are now showing a NEUTRAL BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So stay tuned and maybe RISK ON on the NEWYORK SESSION in the market.
- GBPUSD PRICE can be UP to 1.2861 LEVEL before DOWN. Then it can be DOWN to 1.1950 LEVEL. According to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. Then GBPUSD UP to LIVEL 1.2861 can be USD if a NEGATIVE SENTIMENT is received. FED UPDATES are very important for that.
DeGRAM | GBPUSD bearish opportunityGBPUSD is approaching the major resistance zone 1.26100 - 1.26300.
There is a huge divergence between price and some indicators, that means price is losing momentum.
A perfect short entry would be a false break of that zone.
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GBPUSD : Current Situation & Technical , Fundamental View- It is not possible to find any important ECONOMIC INDICATOR for GBP in ECONOMIC CALENDAR today. 3 important DATA for USD to be released today in the NEWYORK SESSION. CORE DURABLE GOODS ORDER REPORTS, DURABLE GOODS ODER REPORTS, CONSUMER CONFIDENCE REPORTS will be released.
- DXY is currently at 101.91 LEVEL. Above the DXY 100 is a very good STRONG condition. Also the GBP FEATURE stays at 1.2812 LEVEL. GBPUSD PRICE has gone below DYNAMIC S / R LEVELS. Maybe DYNAMIC S / R LEVELS can be UP before moving further. Then most of the time the PRICE can be sold in the form of STRUCTURE.
- Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK ON status. Also the EQUITIES are turning a bit GREEN. VIX INDEXES UP UP. Also COMMODITIES now shows a UP SIDE BIAS. Currently the market has NEUTRAL BIAS. But due to EQUITIES UP, COMMODITIES UP the MARKET RISK is ON. This MARKET CONDITION status has managed to DOWN CURRENCIES AUD, NZD, GBP.
- GBPUSD PRICE can be UP to 1.2910 LEVEL before DOWN. Then you can DOWN to 1.2558 LEVEL. According to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. Then GBPUSD UP can be to 1.3192 LEVEL.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS)
We have 1 Downtrend in red color (LONG TERM)
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 or levels that were respected from the past.
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
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