GBPUSDGBPUSD has rejected from a very strong area formed in the last 5-6 years where it also hit the trendline and we believe that there will be a decline. The first area is at 1.31100 after will go to the area of 1.27800.
Gbpusdsellsetup
GBPUSD Short from top level opportunityHello everyone,
The last up trend of GBPUSD was broken. In next week i think GU will start a new sale wave.
At the same time i see a double top in daily period.
I'll share the most suitable entry point with smaller time period on Monday.
For now have a good weekend!
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In the analysis I published, 1H and smaller periods are based on the scalping strategy. Periods of 4H and greater are analyzed with the swing trade strategy.
GBPUSD: Strength in Bearish OutlookHi Traders,
Price will continue lower as expected and enter a correction.
Wait for a corrective structure before taking any short positions. The correction is what will confirm further downside.
Trade with care and always manage risk.
Regards
Wave Theorist
GBPUSD SELL Trade We are heading for the C leg of zigzag correction pattern...
Alternatively the current move down maybe a wave 4 which will be followed by a bullish move up.
GBPUSD Possible Sell/ShortHeavy Confluence Area
1. Retest of broken H&S support
2. Creating possible Lower high for 3rd drop
3. Still respecting trendline as of now
4. At the 50% (high PRZ)
WAIT FOR REJECTION IN THE
AREA OF GOLDEN BOX FOR
A POSSIBLE SHORT.
GBPUSD Shortwe looking to make 130 pips with GBPUSD. we've put our SL tightly at 1.26050 because the pair is Neutral at the moment.
Scroll Back to view key support areas highlighted in Red.
never risk more than 3% of your account on a single trade.
Nasgoldpros.com
GBPUSD analysis- Wait for a breakout on a side
- it could continue it's uptrend if it breaks above 1.2485 level
- or continue downward
GBP/USD to SELL?Market may be readying to reak out of channel, sizeable profit to be made here.
Chose your entry and exit wisely.
May have a small leg up before breakout.
For observational purposes, trade at your own risk ...
pound ready for scalpenter now for sell and with low risk close stop loss with profit target not more
good luck
GBP remains within downward trend against USD.I think the upward impulse will continue and the pair will easily reach the strong resistance zone between 1.2600 up to 1.2655 and then starts to fall downward to 1.2400 down to 1.2270.
So im gonna start a trade as per below setup:
Entry point: between 1.2600 up to 1.2660 depending on price action or step by step entering.
Stop Loss : 1.2670
Take Profit : 1.2400 down to 1.2270
short gbpusd @1.3175Very critical resistance here. Also cable has not been as strong as the euro. MPC meeting coming up and it will provide us with a clear direction.
As of now its a low risk high reward setup
