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Gbpusdprediction

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
GBPUSD BUY ON DIPS !!!As we can see this pair had a successful breakout on daily based resistance which now hold as a support as we had predict in our previous analysis which is on weekly based now we are buying this pair from key level support with small risk and looking for higher rewards Traders dont forget the Brexit Deal is still holding for a hope if this support zone is most import idea to trade GBPUSD it will be highly violent pair incoming day so use proper money managment and if it hold above the support zone then it can pay us great rewards Friends dont forget to push like and subscribe Follow us for more updates
Long
by APEX_TRADING_ACADMEY
GBPUSD - Scenario change and the uptrend formation ( Weekly Chart ) At the end of November, we returned to the weekly chart to see the general trend. By drawing the trend line, it became clear that the downtrend line has been broken, in this case, we should not think about the downtrend at all! Also, the structure of the ending-trend waves is in a 3 -wave format, which represents the Diagonal pattern, and due to this pattern and very strong convergence, the scenario change would be obvious. Then let's just think about going long in every decline. The confirmation of this uptrend will be got by crossing the price from the end of 4th wave - 1.4377 - (with 5 uptrends). The formed pattern in wave X is in an Expanded Flat shape, so the diagonal pattern in wave C can be correct. In the daily chart: ( Daily Chart - Bullish scenario ) The structure of the V wave from the Ending Diagonal pattern in the form of Double zigzag, which is completed in the range of 1.1414. In continuation, the uptrend is forming the first 5 ascending waves that can cross from the end of the X wave and move up to the range of 1.3948. Needless to say, this part is quite mixed and the reason is that we can count the movement from 1.1959 to 1.3483 as a Double zigzag pattern, in which the 5th wave from the Diagonal pattern is not ended. ( Daily Chat - Bearish scenario ) In the 240-minute chart, there is no doubt about the structure of the uptrend from 1.1414, and the price will be probably forming another uptrend to complete the 5th wave. (According to the formed triangle pattern). By breaking the weekly trend line, the formation of a bearish scenario is unlikely.
Long
by NirmataFX
GBPUSD – probability of completing CorrectiveGBPUSD – There is the sign of probability of completing the corrective uptrend The range 1.3482 is a very important range for us, which by crossing the price from this range, we will encounter changing the trend. Currently, according to Fibonacci percentages, there is a scenario that wave 2 has ended in the range of 1.3398. The first confirmation for the advent of a downtrend is crossing the price from the range of 1.3105. by the resumption of this movement if the price crosses the range of 1.2853 and with 5 downtrend waves, the downtrend in wave 5 can be confirmed. please see the previous analysis by following this link.
Short
by NirmataFX