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Gbpusdprediction

my GBPUSD trade ideas weekly movement Hellooo...My Dragon Friends i see GU have movement reversal up. but lets see...my "reversal up" target maksimum just at 1.3420-25. if cross over that number, example 1.3450, will see break that line, can go to 1.3650-1.3750 (maks). and we call GU make some little uptrend. But if cant break 1.3420-25, its just reversal UP, to make more downtrend and make lower low number. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer ON i already try to make Buy at 1.3300 (reversal from 1.3279) and still hold it. My SL now at 1.3280.if break 1.3450 i will add more lots, and my first lot move to ZERO LOSS/ENTRY POINT. i hope we can make money from this strategy.
by EdyDragon
134 looks more and more likely for the GBPUSDIt looks like the pound dollar needs to do some more price discovery to the downside before finding the much needed buying to start the next uptrend. A short rebound to retest 1.37 is likely to come early in the week before the market decides if it wants to take the plunge at these levels. BEAR CASE The 1.34 area is looking more and more likely to happen for this pair if price does not hold the current levels, that is where we will look for our buys. BULL CASE Contrary to what our intuition tells us, we may see some bullish conviction from here and if that's the case the level that we're looking at to sell again is 1.39
Short
by IkanBilisCapital
Expected fall of the GBP/USDYesterday GBPUSD fell through MA 200 at 1.3694 and fell through double bottom at 1.3670. This is quite significant, since there isn't any clear stops below that could slow or stop a fall towards round number of 1.3. It might as well make a small stop at 1.35, pound does like it's round numbers. This drop helps confirm double top at 1.4245. For this move to continue a weekly close below 1.365 is needed. From fundamental view point, BOE is unlikely to tighten, since Covid numbers are extremely high, even thought deaths and hospitalizations remain low, there is still a lot of uncertainty. Also Stock markets are close to record heights, market has made new records for months with retrace, it might just as well be coming. Suggesting to check stochastics on 1h and 15min charts to open a short with a SL just above 1.37.
Short
by Andriiis
GBPUSD Long Term Outlook - 4th MarchGBPUSD approaching a resistance. Potential that we continue higher as the U.K. vaccination pace is doing far better than the U.S. especially as vaccine supply is drying up in L.A. and N.Y., the two most populous and economic cities. I believe the recent rise in yields is giving the USD some strength, as we can see with a potential EURUSD bounce around 1.19750, so it's possible the Pound could go ahead and find a new high above the low 1.40s... In this scenario I would rather buy GBPUSD a little lower and target the resistance again.
by UnknownUnicorn15362357