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Gbpusdsell

GBPUSDThe GBP/USD had a difficult performance in April as the strength of the US dollar continued. The pair attempted to recover on Friday but it found a strong resistance at 1.2615. It has now pulled back and moved slightly below the 25-day and 50-day exponential moving averages (EMA). The Stochastic Oscillator moved from the overbought level. Therefore, the pair will likely keep falling as investors target last month’s low of 1.2410. It will then bounce back after the BOE decision.
Short
by SmoothJB
Mid term forecast of gbp/usdZEYAN here!!!! I'm looking at the market as a bear, and as far as I can tell, in the medium term, it's more bearish then bullish This is a general idea of how I view the market; I use algorithms to determine trend and different entry techniques; please do not take this information at face value; conduct your own research. If you want me to analyse your charts, please let me know in the comments. like for more!!!!!!!!! This is not financial advice; please conduct your own research and use this information as confirmation in addition to your own analysis.
by zeyankhan1318
1
GBPUSDGBP/USD seems to have gained traction before testing 1.3000 but the pair faces several resistance levels that could easily cap the rebound. The first hurdle is located at the 1.3040/1.3150 area (static level, 50-period SMA on the four-hour chart) ahead of 1.3080 (static level, 100-period SMA) and 1.3100 (psychological level). In the meantime, the Relative Strength Index (RSI) indicator stays near 40, suggesting that the latest recovery attempt was a technical correction and that buyers remain hesitant. On the downside, 1.3000 (psychological level, static level) aligns as key support. In case this level turns into resistance, the next bearish targets could be seen at 1.2970 (April 13 low) and 1.2920 (static level).
Short
by GeeTreex
Trade breakdowns from past weeks Decided to do some trade breakdowns from the trades in April. Here we have a trade breakdown from the 4th of April for GBPUSD where the markets held below Asia low after breaking Asian lows on Friday and we can see that when the markets opened on Monday, it made a nice and slower correction to our OB where the trade was activated. Based on my 4h analysis: my bias for this pair is a sell so I will only be trading sell setups until there is a CHOC (change of character)
Short
by uzzzma
GBPUSD RETAIL HERD LONG 📉📉📉📉 In this example i provided you with a photo to understand how the retail herd on the most popular retail cfd's brokers are positionated. As we can see on the photo around 68% of the retail herd are long on this pair meaning we have to look only for shorts alligned with the contrarian trading approach to the markets. Price taked out buy side liquidity and quickly reversed to the downside as you can see on the chart plotted with liquidity. Remember, you will always have the herd results if you are doing what the herd is doing. Be contrarian that's and edge in the markets. What do you think ? Comment below..
Short
by AnonimFXRO
GBP/USD Short TradeHey Guys! The current GBP/USD Daily Bias is short. Or in other words, price is likely to reach 1.3049 before reaching 1.3298. So I'm currently waiting for a pullback so I can take a short entry. In this video I explain the reasoning behind this setup as well as the stop loss and target levels I will be using. Moreover, what I will be looking for in terms of confirmation of the legitimacy of this short setup. That's it! I'll keep you guys updated! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Short
by TradingForexPriceAction
1