GBPUSD – The Uptrend Trend Target of 1.3946As you know, the price level of 1.3132 is a very important range, and if our price crosses this range, our scenario will be changed.
According to the wave count in the 240-minute chart, wave iv has ended in the range of 1.3132 and the uptrend has started in wave V, which its targets can be in the range of 1.3900, the wave count has shown in the 60-minute chart.
Gbpusdprediction
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
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GBPUSD BuyPrice will continue the upward trend towards Buy-Side Liquidity. This is the direction of institutional order flow and also the position of large pools of liquidity. This liquidity exists in the form of buy stops for breakout traders and also stop losses for short position traders. High probability of long setups forming toward this liquidity pool.
GBPUSD SELL !!!As we can see this pair is still trading inside channel and we are selling this from
a strong resistance level & Brexit talks ahead so this pair can be violent so trade with proper risk managements
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GBPUSD – The completion of iii wave from point 5“iii “Wave is completed with the Ending Diagonal pattern in the range of 1.3539 and the corrective movement of wave iv is completed in the range of 1.3223. By crossing the price from range of 1.3437, we can be hopeful to continue the uptrend in the v-wave from the 5th point, with the targets of 1.3946.
GBPUSD – is completing the first uptrendWith the breaking out of the downtrend line in the weekly chart, the Ending Diagonal pattern has been completed and the price is completing the first uptrend in the daily chart, which can be extended up to the target of 1.3948.
In addition, we must note as long as the price does not cross the range of 1.4377, we cannot comment on the uptrend with certainty.
in continuation, you can see the wave count structure in the 240-minute chart
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.
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.
GBPUSD SELL HERE!!!The probability that it will be able to break through the third is minimal.
I expect the price to fall from this resistance zone to the support zone (also at the intersection of the lines.
The target is 1.3000 Friend push like button and follow us
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GBPUSD SELL AFTER BREAK OUT 300+ PIPS IN 4H TF !!!now this pair is trading above a support level and we expected a strong $ and a bearish market against $
as soon it will break the current channel and support line we will enter to sell this pair on dip without any
emotions with a low risk and aiming for higher rewards
friend it will a help to me that you
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GBPUSD READY TO DROP AGAIN TO NEW LOWS !!!as we see brexit talks in move and pound is in a big selling pressure with no deal
and against pound if we see $ DXY it is moving to upward and looking for more up moves
so we are selling this pair with a low risk and higher rewards friend we appreciate ur
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DownTrendThe first the downtrend has ended in the range of 1.2675 and the price has entered the corrective phase of this downtrend, which can be extended up to the targets of 1.3176. (Wave 2)
we must keep in mind that wave 2 can be ended in the range of 1.3082, in which the down the trend has started in 3rd wave, by crossing the price from the range of 1.2675, can continue to the range of 1.2075 as the first target.
GBPUSD - Lower Prices Seem to be Coming. Hello and welcome back. If you found this idea helpful, please leave a like. GBPUSD looks like it wants to go lower. I see lower prices at least in the beginning of the week. My first objective would be 1.2845 and if we were to go lower, then the green and blue lines would be the next targets. Come the middle of the week, I will post an update. Depending on how prices reacts at the lower levels will determine my future bias. For now in the short-term, lower prices.
GBPUSD BUYING ON DIPS 400+ PIPS IN 4H TF !!!GBUUSD fundamentally + technically looks bullish for more 400+ pips
It take time but now if it continue closing Daily above this broken zone it will be give us a huge gain on this pair
as we see $ shows more bearish trend again all major pairs and Brexit talk still not fully done we expect Pound will
move accordingly to design levels
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GBPUSD Strong Buy To 1.25215| 28th April 2020|From the last week, I jotted down in my trading diary.
Expecting the bullish on GBPUSD is about to happen starting last week itself. I am spamming long on GBPUSD last week and profitable.
GBPUSD losing the grip on bear trader after the power has been change clearly by last week move. Bear trader already exhausted to spam shorting.
This week, the gain will about to set and I will open the long position and hold it for once whole week.
Expecting the price with hit my expectation key on 1.25215 level.
Good luck,
Cheers~
Regards,
Zezu Zaza
2048
GbpUsd predictionWe can see a channel in my previous post i told to take a short position which is now playing on our side now the flow up of previous analysis we can close your sell position and wait for long position as the market reaches the support of the ascending triangle and tp and sl are shown in the chart.
If you like my analysis do like and comment below whether you agree or disagree from my analysis and do follow me. As I regularly post the prediction on all major forex currency pairs,gold,bitcoin,and stocks like Tesla
Note this is not a trading advice and I am wrong 100%