Gbpusdsell
FOLLOW ME: GBP/USD SHORT OpportunityGBP/USD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry.
Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing!
COLOR KEY (which time frame each markup is based on):
RED - Monthly
ORANGE - Weeky
GREEN - Daily
AQUA BLUE - 4H
PINK - 1HLIGHT BLUE - 15M
PURPLE - 5M
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GBPUSD Daily Chart AnalysisGBPUSD Daily Chart Analysis
Shows a bearish continuation structure to move to the downside
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**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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AkilajFX
GBPUSD Weekly Chart Analysis Shows good selling opportunityGBPUSD Weekly Chart Analysis Shows good selling opportunity
Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
LINK IN BIO!!
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
AkilajFX
#GBPUSD, The Doji that gives us a clear signalSo we had a drop of the gbpusd and then 3 Doji stars that symbolized a change of trend and indeed the next candle was green confirming the change.
Then came another Doji that symbolizes a change of trend and we are in the process of a red day in the event that it will be a confirmation of a return to the declines.
Target: 1.2215
GBPUSD- Sell NowYes better sell now.
150 EMA and 50 EMA reacting as a resistance and RSI also confirming the movement below 50 level. In the mean time forming a similar to head & shoulder pattern as well. With all these confirmation i prefer Sell GBPUSD.
TP & SL is up to you
Note: Trade at your own risk and fundamentals not involved in this analysis.
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turningpointfx.com
GBPUSD will go down.. unless there will be a miracle news...We observe the golden cross in the price however, we must consider the long term trend which is in the C wave. If you will also check the daily chart, it will be clearer to see
the direction of the price. On the fundamental side, investors are looking for stability in the market before they invest in risky assets. In such, we see that the BREXIT is still in the shadow.
We all know that brexit is bad for UK, the worse scenario is no deal which will give a chilling signal for the pound. Again, I'm currently trading on the short term goal and staying away from
both day trading and hold strategy.
#GBPUSD, Time to change direction?After 500 pips of rising on the pound are it time to sell?
In the weekly chart, the Pound was stopped just in opposition to the Ichimoku (Tenkan Sen) red line.
The last weekly candle closes in the shape of a star that can symbolize a trend change provided the next candle is indeed red (we are currently heading in that direction).
Target: 1.2380